Get started

Spot

$SNX/BTC 90m (Binance Spot) Falling wedge breakoutSynthetix Network broke bullish of that falling wedge, the idea is to catch it on a possible pull-back. Also, 100EMA seems to be acting as support now, that's why entry zone is down there! Current Price= 0.0004010 Buy Entry= 0.0003915 - 0.0003813 Take Profit= 0.0004074 | 0.0004341 | 0.0004540 Stop Loss= 0.0003653 Risk/Reward= 1:1 | 1:2.26 | 1:3.2 Expected Profit= +5.43% | +12.34% | +17.49% Possible Loss= -5.46% Fib. Retracement= 0.382 | 0.618 | 0.786 Margin Leverage= 1x Estimated Gain-time= 120h
Long
by TradingOn
2
$ADA/BTC 1D (Binance Spot) Falling wedge breakout & pullbackCardano broke out of that big falling wedge, this is surely a bullish pattern, fill your bag in the zone. Also, 100EMA seems to be supporting the current price action, and fundamentals are very positive (Shelley release)! Current Price= 0.00000831 Buy Entry= 0.00000831 - 0.00000781 Take Profit= 0.00001034 | 0.00001162 | 0.00001348 Stop Loss= 0.00000692 Risk/Reward= 1:2 | 1:3.12 | 1:4.75 Expected Profit= +28.29% | +44.17% | +67.25% Possible Loss= -14.14% Fib. Retracement= 0.5 | 0.618 | 0.786 Margin Leverage= 1x Estimated Gain-time= 1080h
Long
by TradingOn
2
Bullish flag: Example with SpotifyOne of the most commong chart patterns is the flag and it can be a bullish or a bearish depending on the direction it is formed. Usually they are trend - confirming patterns and are occuring after a strong impulse of buying or selling activity, some brief consolidation, and then the price continues in the same direction as the first impulse. The target of the pattern is the "handle" of the flag, meassured from the moment of breach. Sometimes the buying can continue agressively and the price may reach higher than the initial target zone. Traders though interpret differently the target level in regards to the meassurement of the handle. The stop loss is usually placed below the configuration itself, not the handle. That of course can be adjussted by everyone's personal view and risk management. The decision to enter may vary. The first entry can be aggressive with a sell or buy limit near the pattern. Order can be executed after the breach and on the next open, or you can wait out for a correction back to the figure. We say that the flag is complete and confirmed when the initial target level is reached. In the example we see current development of a bullish flag in Spotify. The breach here was minimal and not that convicning, but the next open was strong and with a gap. Yesterday's close is a classic correction of the initial impulse of 40% to 50% of the candle.
NYSE:SPOT
by DailyChartist
Bitcoin (BTC) • OKEX and Binance now trading above spotFollow-up on my previous video. We end up having another leg up as Binance and OKEX perpetual swaps been trading bellow spot trying to frontrun the market. Now that we saw another $13M being added to liquidations books an perps trading above spot once again is making the correction more likely. However we need to understand that we are currently in a spot-dominated market boosted by liquidity shortages on the supply side. As such even with perps trading above spot it can keep climbing up due to the frenetic demand coming from spot.
COINBASE:BTCUSD
by D7R
4