Optimism setup long and short for future trade As shown below, since three months ago, the ETHBTC reaction has been occurring and slowly taking control. This can be used on coins that are tied to ETH. Fundamentally excellent price for DCA, but I would like to show the chance to those who deal with future trade.
With the setup, it is great to find where our analyzes are no longer valid and we need to admit that we are not right. Optimism is one of the coins that correctly did 1,2,3 according to Elliot. Now the question is whether the 4th wave will manage to reach our order, but we must be disciplined because this analysis is canceled if the fourth wave reaches deep enough to the first, where the setup is no longer valid.
Why this setup gives us the possibility of long - here is daily fvg, 4h fvg, 2h fvg, fibonacci for retest as well as theoretical knowledge about Elliott waves
Tradingsingals
THE KOG REPORT THE KOG REPORT:
In last week’s KOG Report we said we would be looking at the key levels to give us RIPs. We started the week with a decent short into the support levels where we suggested the move could take us back into the 2350-55 region if 2370 was broken. That move gave us a wonderful opportunity to then capture that long trade we wanted taking us up into the Excalibur targets. During the week, we updated traders with our plans and continued to look long completing the week where we are now, but not the whole move!
A wonderful week for us on Gold and all the other pairs we trade and post targets for in Camelot.
So, what can we expect from the week ahead?
This week we’ll keep it simple and say expect more aggressive price action as well as a potential gap on opening! We have the key levels above sitting at 2420 and above that 2430-35 resistance. Below we have 2402 and 2395-90 support which need to hold price up in order for us to continue upside in attempt to create a new all time high.
We’ll start the week with caution and suggest going long up here is a little risky, so instead, we’ll be looking for the resistance level to hold down the price, and upon a confirmed reversal, we feel there may be a short trade on the cards into the lower support levels. The first level we feel there may be a small RIP is the 2430-35 region, but only for scalping into immediate support levels. It’s that level above, 2460-75 which is a huge region that is sticking out to us at the moment, and if propelled into, could give us the opportunity for a nice short trade. If held and upon a clean set up.
On the flip, we need to break below 2395 and close below it in order to then see lower pricing, so if there are any aggressive whipsaws, expect price to target that region and take the BE traders from Friday.
KOG’s bias for the week:
Bullish above 2390 with targets above, 2430 and above that 2350
Bearish on break of 2390 with targets below 2375 and below that 2365
As we said above, it’s a simple and quick report this week, we’ll update traders as we usually do through the week.
Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated.
As always, trade safe.
KOG
ETH DOMINANCE Ethereum dominance showed strength a few hours ago. This is a great sign for large cap altcoins as well as Ethereum. There is only a little time left when he will show his strength.
It is important to be ready when the impulse comes. At some point, ethereum should jump by at least 50 to 100 percent.
Also Btc.D dominance will show the peak of bitcoin and then the altcoin season begins. Currently, the price of bitcoin is above 69300 both daily and weekly. Which shows that the trend continues, but I must not ignore Ethereum
INJ we've probably seen the bottomWe are currently looking at futures trade with members on certain coins, as well as dca zones. INJ has covered the weekly and monthly levels behind it at the price of $24. We waited for the news to see how buyers would react. Now that we have confirmation, we get the courage to go long on this coin.
In this case, INJ must hold $28 until the 200 DMA is at $31. If in this case we see a consolidation and not a big sale, my advice is to go long this coin at the bottom of that consolidation.
For example, catch up to $27 and put a stop loss below just in case
Kaspa good chance for long Currently showing strength, but I am leaving some capital for the monthly plus weekly level. For futures trade you need to see a higher high for safety. I certainly expect much more prices for Kaspa.
Where the bottom will be will be decided by the market. You can see the zones where I follow, so I will make an update
STRATOS BIG RISK BIG GAIN PART 2 Who wants to trade, Stratos currently has a triple divergence at 4h both by momentum and RSI.
As far as investment goes, I think this is a great price for DCA. One more buy 0,6600 if it comes.
Remember to enter as much as you are willing to lose, this is a small MC and carries some risk
TRIAS zones for long and DCA interesting zone for DCA, indicators that match: the highest volume in that zone, it was also the highest volume from the May 3 range. 2021 until May 3, 2022. Right below us is the 200dma plus 0.618 Fibonacci of this entire movement.
Until that happens, who want to trade: check weekly level of $11 and 0.5 Fibonacci is $8.2.
Thanks for support.
KASPA Before you LONG, read this.This is one of the coins that I talk to my members for a long setup, but.. People are simply used to this coin that the price goes up non-stop, with certain corrections.
But the same pattern emerged before this impulse(Nov-DEC. 2023).
Wait for the zone to confirm it, because if we look at the chart we will see the first testing of the distribution on March 7 and then again. Then on March 15th there is a price break of 0.14 and a retest twice and a rejection? Wait for it to leak, do not engage in manipulations.. When the structure shows the first signs, a HIGH top, then a small correction that holds the price, we can entry.
The chart shows the zones I am looking at.
All this is valid only if 0.13 drops.
SQUIDGROW BIG RISK BIG GAIN PART 3 Let's clarify right away, this is an altcoin that has a small market cap, but some zones that should have held have held out, especially bullish on a large time frame. It is not a persuasion to buy, but my knowledge plus a trade idea
if you like this series, click like. See part 2 and part 1 below by clicking on the arrow where the price went
ORNJ QUICK DOUBLE PROFIT (ALTCOIN 2)we are rapidly exiting the accumulation zone, which I see as wave 4 via Elliott Wase analysis. Momentum also grows as well as volume.
Follow the ATH testing, if you are not sure take part of the profit. that is 50% + from here
If and when this duplicate profit comes, I will put it in something that I hold long run
VICTORIA VR SETUP FOR LONG Two chances for a long. Coin is currently making a 50% correction if it enters the first long zone. Don't forget the other one at 0.026 which would give us a 67% discount.
I honestly don't know anything fundamental about the coin, I'll leave that for you. If you like it, support it with a like.
Look at the other analyzes and by clicking on the arrow you can see where the price went
CHZ LOOKING GOODCHZ found support at 100DMA AND at 200DMA, a cross also happens, which is bullish. Acceptance into the zone (May 13, 2022 - June 7, 2023) is a big deal.
Wait for the retest, if the price manages to hold 0.93 and a little lower, the way is open to 0.208, which is 110% profit.
The market is currently in a period where leverage should not be used, pure DCA.
If you like this free content feel free to like for support.
KAVA ANOTHER COIN FOR QUICK PROFIT I can tolerate the price at the moment that it can drop to 0.8, which price would it be DCA.
We see the formation of Wyckoff, many coins have already done it and the point is to find those who haven't. Coffee is one of them. There is a chance to double the profit here and I would not save it for the long term.
Momentum and volume are increasing, which is a positive sign. We will receive confirmation when the price breaks AR, 1.05
For the output, I will update if the price breaks through.
Look at the previous analyzes that were perfect and write if you are satisfied
GOLD 4H ROUTE MAP & TRADING PLAN FOR THE WEEK AHEADHey Everyone,
Please see our updated 4h chart levels and targets for the coming week.
We are seeing price break 2080 leaving a open gap to 2092 but EMA5 is lagging behind. Although we have open target now at 2092, we will need to see ema5 and price meet and attach between 2080 and 2065 for some correction.
We have our retracement range at 2065 - 2052. We will need to see ema5 cross and lock below 2052 to open the swing range.
However, support above the retracement range will likely provide the bounce to retest 2080 and 2092. We will need to see ema5 lock above 2092 to open the range above.
We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up.
We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we share every week in the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.
BULLISH TARGET
2092
EMA5 CROSS AND LOCK ABOVE 2092 WILL OPEN THE FOLLOWING BULLISH TARGETS
2105
2115
BEARISH TARGETS
2080
2065
2052
EMA5 CROSS AND LOCK BELOW 2052 WILL OPEN THE SWING RANGE
SWING RANGE
2033 - 2022
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Please don't forget to like, comment and follow to support us, we really appreciate it!
Mr Gold
GoldViewFX
ETH Liquidation zones (SETUP FOR LONG PART 2)The liquidity zone is 60 million currently in the zone 2250-2220 and the highest liquidity is 2162. Below the highest liquidity is the highest peak on April 15, 2023 and the 100DMA that comes up. You can try long
I would not use margin or leverage below those zones. Obviously DCA.
This is a follow-up to the last setup that didn't work and where it was written that I will escort this zone when it comes. Check below.
If you like this free content, support it with a like and a follow.
API3 BIG RISK BIG GAINThis coin, about which I do not know much fundamentally, as long as it is above 1.56 and does not close the day below that level, maybe try something higher. There is not too much history to know so we will be looking at ATH which is 3x this price. Below, set a stop loss at the level I said and try DCA
BITCOIN IDEASBitcoin is currently in the supply zone. In order for the trend to continue, we must leave a few days above 44000 to get confirmation. Exiting supply, we will first test the monthly level, which is at 45500, retest supply (which then becomes a big support) and go up.
On the other hand, we have a huge liquidation at 40400, if the price fails to stay at these levels, there is a high probability that we will test 38500. Of course, a potential ending diagonal is created here as well as a Wyckoff top.
Below I will post some of my analyzes for btc, if you wish, study further
RUNE TWO ZONES FOR DCAA coin that made a return of 7x and which, in my opinion, is fundamentally very high quality. The zones I'm looking at for entry because more things match: the bottom of the range from February 5, 2021 to June 5, 2022.
Immediately a little below the weekly level plus 200DMA. That's a 65% discount to take advantage of. Of course, there is also the last zone of demand at $2.3, but I don't know if it will come and I don't want to miss it like last time.
If you like this free content, hit that rocket and check out some more of my analysis
GBPUSD Head & Shoulders OpportunityHi Traders!
There is a pullback on the bullish momentum we have had over the past few days on GBPUSD, and there is a head-and-shoulders pattern on the 2H chart.
Here are the details:
The market is rapidly approaching the neckline, and there are opportunities for short entries to target a break below the neckline.
The market has also broken below the 20 EMA, and a close below the 20 EMA will be an added confirmation signal.
Preferred Direction: Sell
Entry Level:1.27504
Stop Level:1.27806
Target Level: 1.26900
Technical Indicators: 20 EMA
Please make sure to click on the like/boost button 🚀 as your support greatly helps.
Trade safely and responsibly.
BluetonaFX
BNB LONG OPPORTUNITYthis is how I look at the setup for long BNB. I expect BTC to cool down to at least 34-35k and therefore BNB to make a correction.
Keeping the price at that support (from June 10 to August 15) gives me more, probably for higher prices (if we see a reaction, of course).
The second scenario is the zone below (scam wick), everything below that is not interesting to me
BNB STILL BULLISH Reaction of 100DMA and acceptance of 200DMA is bullish! Holding above 230$ gives BNB a chance to attack higher prices.
You have to go step by step, holding above $250 is potentially a change on this chart.
A lot of them forgot about this coin, but when it's Ethereum's turn, BNB will follow.