SafePal longSafePal bounced off the descending trendline. Asset bounced off the support level. Bullish movement to resistance level at 0.407 is expected to happen.
Sfp
BTC Daily Trade Idea In light of the new SEC/Binance news BTC fell off a cliff towards the midpoint of the 4H mini-range we have shown. In the middle of this range there's a bullish orderblock that I think could cap off the downside from this news. This is the first potential trade in my opinion after breaking lower and continuing the new downtrend.
2) The second potential trade is the reaction off the bullish OB and back up to the initial breaker, for me if we sweep liquidity of the supply zone and get back under, then we continue the downtrend and that leads to the third trade idea. Longing against the trend and news could be dangerous so this is quite risky.
3) The third and largest trade idea for BTC is the swing fail pattern confirming a downtrend and lack off confidence. That coupled with traditional markets such as the SPX & NASDAQ climbing higher but due a correction, I can see a retest of lower down, filling all the inefficiency and potentially marking the end of the bear market rally.
SFP LOOKS BEARISHHi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the SFP symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
SFP be the coin want to see you doing goodSfP breakout on the 1 hour chart, Reformed support formed on May 16th, Trading above the pivot point. All in all pump time
Leverage 10-20x. 1/5- No more than 1/10 of balance in trade cross margin.
Note- if u are trading isolated above 10x then u are your money shall surely be parted unless u get your entry a bit more precise.
Find order and chaos will follow
Key levels on EURUSDEURUSD keeps the down trend on H 1.
Yesterday we saw breakout of the previous low and now the market is testing it.
We expect another drop and exhaustion below 1,0800.
We don’t currently trade EURUSD.
EURUSD remains unchanged No grounds for trades here.
We’re still expecting another drop below 1,0840, where we can watch for exhaustion and trend reversal.
The confirmation of the above mentioned movement will match expected entries on all major instruments.
A big part of trading is just to wait for a good trade and this is the best option for now here.
We have ongoing trades on EURAUD and GBPAUD, we’re going to move their stops soon.
No trades on EURUSDWe’re still waiting for a trend reversal on H1.
Sells were end and there are no grounds for new ones.
Retail Sales coming today.
Pullback from the levels below 1,0840 and breakout of a previous top, will confirm a reversal.
Meanwhile we’re heading towards crosses and waiting for a confirmation on the major instruments.
SFPUSDT uptrend starts hereFor over a week SFP price has been hovering near the 61.8% Fibonacci retracement level. Buyers remain in control and therefore we expect quite a strong uptrend in the days to come.
SafePal (SFP) Holding Strong at Key Support ZoneBINANCE:SFPUSDT appears to be showing strong support around the $0.4 zone, which has held steady for nearly 50 days. Additionally, the long-term uptrend trendline has provided a recent bounce, indicating positive momentum for #SafePal.
Currently, the price appears to be consolidating within a range between $0.4 support and $0.52 resistance areas. With several bullish factors in play, there is a strong likelihood of the price moving towards the top of the range or even surpassing it.
Traders looking to take advantage of this potential uptrend may consider long positions with appropriate risk management strategies in place, while monitoring key support and resistance levels for any signs of a trend reversal.
SHORT EURUSDWe have a daily bias, It swing failed the highs
In hourly timeframe, we have a market structure shift and broken down with a impulse and retested.
Important levels on EURUSD During the yesterday’s news we saw fluctuations in range 1,1000-1,1060.
Currently, it’s important to see breakout outside of that candle.
Key support level is 1,1000.
Upon pullback from this level we can expect another rise towards 1,1060 and test of the previous tops.
On breakout , we’re headed for a test of 1,0960 and the previous lows.
2 options for EURUSD Yesterday we saw an impulse decline in EURUSD.
This means that the rise has no strength for now and it’s more likely to heading towards test of the low at 1,0900.
Depending on weather we see breakout of the bottom or pullback , the next trades will be confirmed.
There are conservative and aggressive options for entries.
With the conservative one it’s necessary to wait for the development and enter into trade after confirming the direction.
It could happen tomorrow after the news.
On the aggressive side, a continuation of the impulse movement and a test of the bottom of 1.0900 is sought.
Sfp detailed analysis Sfp will go down to Big Red trend line.
(Reason : Sfp breakdowns the small red trendline.)
If two 4hrs candle closed below the big red line then price will keep going downward.
(Reason: Big triangle breakdown will happen)
But if Sfp doesn’t break it then price will go upto small green line
( Reason: to complete inverse head n shoulder)
If price breaks this head n shoulder, then price will go up to big green line. If price breaks it too then only up up up.
( Reason: Big triangle breakout)
Could it be??? YayWait for a re-test on previous consolidation area to confirm the breakout but this is looking pretty awesome so far! $SFP LONG signal right now!
AUDUSD SHORT SFPShorted after the swing failed the highs, Almost we are close to the daily candle close. Its a good daily level.
SFP is preparing for a breakout! +20% on the spot.Hello everyone! I want to draw your attention to SFP. After a local correction, the asset began an upward movement, thus forming an ascending triangle pattern.
Pay attention to how the price reacts to Fibonacci levels within this range.
The target for this trade is $0.6.
This is not a financial recommendation, and everything you do is done at your own risk.
SFP/USDT 1D. Basic trend. Local situation. Channel.In the basic trend of the coin a downtrend channel has formed. The price is now near the medium of that channel.
In the secondary trend we have pumps from time to time. From the last pump a downtrendline has formed in the secondary trend.
In was broke out and retested. Shown on the chart. From that breakout a symmetrical triangle started to form. The basis of it is 180%(666).
The price locally is near the support of that symmetrical triangle. Locally it's in consolidation for more than a month with buy outs time to time.
The nearest local target is the resistance of that triangle(near 40%). The more medium term target is about 180% which lays on the top of the basic trend channel(downward one), the top of the secondary trend up channel and it's also the target of the secondary downtrend(which was broken previously).
With this coin also it's brother TWT might move, but the cap of the last one is slightly higher than the SFP.
Also i guess it's worth to notice that there was a manipulation with the capitalization of SFP. It raised more than 3x, while the priced hasn't moved that much.
You can check it on the coinmarketcap on the page SFP, by clicking market cap near the chart.
With TWT, however there's no such thing happening, but there is abnormal capitalization from the start of the trading pair on binance(huge pump before listing).
Time cycles also tell us that there's a pump possible closer to 14-16 april.
I attached my ideas on ru language. It's on TWT and SFP.
Patterns, CME Gaps & Golden Pocket RocketCheck notes on the chart.
1) Bearish Rising Wedge
2) Descending Triangle
3) Ascending Triangle
Expansion Creating CME Gap, aka Futures Liquidity Gap. (These almost always get backfilled.)
4) Current Pattern, Bullish Ascending Channel.
We had a fake out to flush the longs, and create liquidity, and to backfill the CME Gap.
All other narratives are fun stories.
We have since course corrected violently, failing to break out of the previous range, creating a Swing-Failure , which is locally bearish. This likely retraces to 23k, before a continuation higher to fill the next CME gap around $27,355 and $28,740 .. of course some profit taking, or other exogenous events such as the indexes falling could correlate with some pull backs, but ultimately I'm expecting 35k to fill this year.
Strong resistance there, likely to struggle to get above.
If it does, the next gaps that could be liquidity grabs are
$45,000-$46,500
$52,500-$53,500
I don't believe we see a new ATH this year or next. 2025 is my target for ATH, which I believe we be a minimum of 130k and a max of 180k. I will scale out of positions between those two prices.
Bullish Swing On EURCHFEIGHTCAP:EURCHF
We have a nice reversal setting-up on EURCHF so I'm watching for price to possibly pierce a previous swing low, which is at ATR and the bottom of the wedge, and ideally close as an SFP.
My target will be today's ATR hight to close the position before the weekend.
Enjoy,
The Meditrader
Bullish Swing Trade On GBPUSDEIGHTCAP:GBPUSD
GBPUSD is currently trading within a range, which is ideal conditions for swing failure patterns. I'm looking for continued downside price action into the 1.19226 swing low to test that level and probe liquidity. This also lines up with the ATR which should add a strong additional confluence, in addition to the 3rd push wedge which will have formed. We will need to see an SFP bar for our entry signal so set your alerts.
My target will be the upper swing of 1.21439.
Enjoy,
The Meditrader
OP Short IdeaLiquidity swept from the left
SPF created
New lower low created
FVG created
Entry at 0.5 of FVG
SL above SFP
Expecting some upside on the US30EIGHTCAP:US30
Here on the 4 hour chart, we can see price action forming an expanding wedge. Knowing there is are still imbalances to the upside that are likely to get filled before any more dramatic moves down, I'm looking for the bulls to take control around the ATR of 33189 where I'll be bidding this market. This area will be the 3rd push on the wedge, meeting ATR and likely to see RSI around the 20. The ultimate situation will see the 4 HR chart finish as an SFP at this level. My stop loss is set below the next swing low and I'm targeting the top of the expanding wedge, which is also a major swing high.
The prophet of profits,
The Meditrader
