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Will BTC history repeat? BINANCE:BTCUSDT We have seen in the past a strong rise after rebounding from the level that we have already rebounded strongly from, from my personal point of view, and this is not an investment advice. If the week’s candle, which remains to close for almost five days, closes above a levels (38215 - 40083), there is a great possibility of a strong rise to the top, but if the week does not close above the levels (38215 - 40083) I expect to return to areas 30000 Hoping that the markets will return to how they were and better This is not an investment script. Do your own research and follow good financial management before entering into any trading process
Long
by SCALPOO
1
Grab the moon with your Diamond Hands HODL Hello, This is not financial advice* In this analysis you will see we are still in a bullish pennant or I'd like to look at it as a paper airplane heading to the moon. The support levels just aren't as strong as the levels of resistance. However I believe price is heavily manipulated and am LONG on AMC 2 the MOON. WHY? because the shorts haven't covered the SI % actually went up 5% today. I just like the stock man :) Something about it makes me just love it! # APESSTRONG TOGETHER # DIAMOND HANDS / BALLS W.E / # 2 DA MOON. ^_^ At the end of the Day, Price is psychological nothing about the stock market is FUNDAMENTAL. ITS A GAME the HEDGIES attacked GAMERS and are getting PLAYED ^_^ PLAY ON MY FELLOW APES ! :) CYA ON DA MOON
NYSE:AMCLong
by sayyablawl
2
USDJPY Short (Moderate - High Risk Idea)- Before anything, I would like to say the less aggressive way to take this position in my opinion would be to wait for this to break and retest the lower high/previous resistance, as shown in the chart. - RSI oversold on 1H time frame - Most likely will need to correct on the 4h timeframe, possibly to the 20 period moving average on 4H (again, high risk unless you wait) - Pair may reject the area of interest, as shown on the chart. This is a big resistance on 4H time frame (I show this chart on 1H, so you may have to open up the chart yourself to see the full credibility of the resistance). - Additionally, I am taking this position because fundamentally, in my opinion, USD isn't looking as strong as JPY.
Short
by matthewhollinger
How to use trendlines when trading cryptocurrency 🎓A lot of newcomers have been asking for educational content because you don't understand why my strategies work and how I conclude that a particular price-action will likely happen on certain assets at certain price-levels. It's lovely that my followers aren't just seeking signals, but actually digests the charts I'm sharing and actively tries to expand their repertoire. Search no further - here's an easy and free guide to trade cryptocurrency, using trendlines. 🤓 Important aspects of using this strategy A really important step of this strategy is to consider the number of data points you make your trendline from. In this educational scenario, I've used thicker lines for the trendlines with more data points and dashed lines for trendlines that almost can't be considered as a useful trend. As you can see, we have a very solid trendline, which makes it likely that some significant price-action will happen – eventually to the upside. Another crucial aspect of the strategy (and every other strategy other than "hold and pray") is to have a take-profit- and invalidation-area. We always want to know why we're in the position and why we're out of the position. In this particular scenario, I've decided that a convincing break of the strong, bullish trendline would be an invalidation for the trade. If the trendline breaks it doesn't make sense for me to be in the position anymore, since the trade is solely based on the trendline. Furthermore, the take-profit areas of the trade are based on historic resistance areas. The highest take-profit area is based on a very weak trendline, which is why I wouldn't leave more than 10% of my initial position size to reach that. This is an easy strategy for trading any asset, that anybody can use no matter how experienced. Experienced traders also use this strategy. In my own opinion, simple strategies are the best; you'd be surprised how few indicators experienced traders use. Feel free to ask any questions or share your thoughts about this strategy! 📝
Education
by kaspertrades