📊#GALA near all-time lows, RSI oversold, forming bullish triang🧠After a 217-day downward adjustment cycle, GALA is close to the lowest point in December 2023. The entire correction period forms a triangle structure, and we can set up trades by watching how the price reacts after touching LL
Let's see👀
Spottrade
VGXUSDT 150% Potential!VGXUSDT Technical analysis update
Buy zone: Below $0.405
Stop loss : $0.340
Take Profit 1 : $0.455
Take Profit 2 : $0.570
Take Profit 3 : $0.750
Take Profit 4 : $1.00
Spot trade.
Always keep stop loss
Thanks
Hexa
FXSUSDT Triangle Pattern!FXSUSDT Technical analysis update
FXS Fromed triangle pattern in the daily chart, we can expect a good up move once the price breakout.
Buy zone: Below $6.70
Stop loss: $5.30
Take Profit 1: $7.64
Take Profit 2: $9.25
Take Profit 3: $10.65
Spot trade.
Always keep stop loss
Thanks
Hexa
BLOK zones to buy before volatility KUCOIN:BLOKUSDT
Here is my local zones to buy Bloktopia
✅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.
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Possible Targets and explanation idea
➡️Analysis only for local picture. We can see 42 days whales accumulate BLOK (Direction indicator)
➡️Volume from buyers decreased before volatility.
➡️FUD between FTX and BINANCE just to manipulate price on alts down so more people open short
➡️Buy line marked on chart where you can buy Blok for trade on SPOT
➡️At current moment NO signal to buy on Direction indicator so have to wait possible test buy line on D1
➡️Take Profit will be at 0.0048
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✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
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BLOK broke out resistance#BLOK/USDT
$BLOK broke out from daily descending resistance, and now is on pullback to confirm the broken line and support.
🐮 there is a support zone around $0.007 which is the same with ascending support and descending trend line.
holding this zone will increase price to resistance levels and it is possible to increase to touch descending resistance that is the same with resistance zone around $0.02.
🐻 break down from support zone will invalid this scenario and price can drop to $0.002
Idea on AVAXAVAX is on a daily uptrend. This is a nice opportunity to take advantage of the short pull back to the 78% fibonacci retracement to a higher low to maximise your profits. When we look left for clues, we see the same happened and the prices went up to 23% before pulling back again and making yet another higher low which gives us more confidence to trade long. There is a higher chance that the price will test the previous higher before proceeding to the next direction. A perfect spot to exit the trade.
XMRUSDT - Long by Supertrend, Dow & ADX 2/11/2022* 4h timeframe: Supertrend indicator for Uptrend.
- ADX > 25: strong Uptrend.
* 1h timeframe: Supertrend for Uptrend.
- ADX > 25: strong Uptrend.
-High/Low Pivot: Higher High, Higher Low > Uptrend.
>>> When 2 timeframes have a strong trend, wait for a correction at the Supertrend 1h to open Buy.
* Commission 0.06% Binance (Future).
Strategy is not repaint (checks to previous signal before open trades.
CHZUSDT - Long by Supertrend, Dow & ADX 2/11/2022* 4h timeframe: Supertrend indicator for Uptrend.
- ADX > 25: strong Uptrend.
* 1h timeframe: Supertrend for Uptrend.
- ADX > 25: strong Uptrend.
-High/Low Pivot: Higher High, Higher Low > Uptrend.
>>> When 2 timeframes have a strong trend, wait for a correction at the Supertrend 1h to open Buy.
* Commission 0.06% Binance (Future).
Strategy is not repaint (checks to previous signal before open trades.
XAUUSD Short positionIt has been a long time since I last posted here. But, starting my 2022 right. So my first entry; since XAUUSD had a massive break out which i believe requires a reversal. First zone that im looking at is 1818 area but i believe we may also hit 1790 level or lower. Let's see how this trade goes :)
ANKRUSDTThe market is currently in a local area of support. A breakout of the descending triangle would see the price retest area of known resistance. Failure to break out of the descending triangle would see price retest the previous area of known support.
Entry: 0.11742
Targets: 0.14-0.16-0.18-0.2
SL: 0.09951
This setup would be invalidated if the price fails to break out of the descending triangle.