DOGUSDT | Recently Listed on Bybit Market Context
DOGUSDT has just been listed on Bybit and is currently in a downtrend. But don't let that fool you—this could be an excellent setup!
Strategy
I'm expecting the downtrend to continue for a few more days before we see a significant pump. This gives us a perfect window to capitalize on the current movement.
Let’s ride the trend and prepare for the pump—stay tuned for updates!
Tradingstrategy
FLOKIUSDT | Another Small Correction Downside?🐶📉 Market Context
Are we on the verge of another downside correction for FLOKIUSDT? It certainly looks possible!
Strategy
Friday saw a strong move down, and we usually fill those wicks sooner or later. Given this pattern, we could see FLOKIUSDT dip a few more pips. This setup presents a quick 1.5:1 risk-reward trade—an exciting opportunity to capitalize on the market's momentum!
Let’s dive in and see how it plays out—stay tuned!
BENDOGUSDT | Ready for Continuation?Market Context
Is BENDOGUSDT primed for continuation? The price action suggests it's more than likely!
Chart Analysis
Both the daily and 4H timeframes are painting a promising picture. We've got momentum on our side, and the charts are aligning for a potential breakout.
Strategy
While nothing is ever certain in trading, this setup looks incredibly strong. I'm betting on a continuation and excited to see how this plays out.
Let’s watch BENDOG soar—stay tuned!
IOUSDT | Heading Lower Before the Big Pump?Market Context
IOUSDT just attempted a breakout, but I’m not buying it. Here's why:
Chart Analysis
Despite the recent breakout attempt, the volume isn't convincing. Without the necessary volume, this move seems weak and likely to reverse.
Strategy
I’m expecting IOUSDT to dip lower before it catches the wave with BTC's anticipated pump later this week. This could be a strategic opportunity to short now and buy back in at a lower price.
Stay tuned—this market move could be quite the rollercoaster!
HIFIUSDT | Ready for a Move Higher?Market Context
Is HIFIUSDT poised to climb from this point? It’s looking possible!
Chart Analysis
We recently hit a new low on the daily chart, thanks to a Friday flush. However, this could be the recovery point we’ve been waiting for. Today’s price action hints at a potential false break on the daily timeframe, setting the stage for a rebound.
Strategy
This is a risky trade, but I’m a risk-taker! I’m betting on a bounce and aiming for our profit target. Let’s see if HIFI hits the right notes and moves higher!
Stay tuned for updates and let’s watch this play out!
LEVERUSDT | Ready to Move Lower?Market Context
Is LEVERUSDT set to dip from this point? The signs are there!
Chart Analysis
We couldn't establish a new high on the daily chart, even with decent trading volume. This setup suggests a potential move lower, presenting an exciting quick trade opportunity.
Strategy
With strong volume but failing to break higher, I’m betting on a downward move. This trade could play out swiftly, so let's see how it unfolds!
Stay tuned—this could get interesting fast!
GNOUSDT | Ready for Another Push Higher?Market Context
GNOUSDT has been on a roll with a significant push higher recently, and the momentum suggests we’re not done yet!
Strategy: Buy the Dip
To capitalize on this bullish trend, here’s our buy-the-dip strategy with precise limit orders:
LIMIT Order 1: 353.93 | TP: 389.45
LIMIT Order 2: 341.12 | TP: 352.96
LIMIT Order 3: 329.60 | TP: 340.70
Excitement Ahead
With these setups, we're positioned to ride the next wave up. This could be a thrilling ride, so buckle up and stay tuned!
Finding a section to start tradingHello, traders.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a nice day today.
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The BW indicator included in the TS - BW indicator is an indicator expressed by synthesizing the MACD, StochRSI, CCI, PVT, and superTrend indicators.
When the BW indicator
- records a high point, it is time to sell, and
- When it records a low point, it is time to buy.
The BW indicator in the price candle section is the same as the BW indicator included in the TS - BW indicator, but it is an indicator that is expressed in the price candle when a horizontal line is formed at the highest or lowest point.
If you look at the position of the BW indicator expressed in the price candle section, you can know when to proceed with a trade.
I think you can be confident about starting a trade by referring to the status of the MS-Signal (M-Signal on 1D, 1W, 1M charts) indicator that can confirm the trend.
If you add the HA-Low, HA-High indicators here, you can create a more detailed trading strategy.
Have a good time.
Thank you.
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- Big picture
It is expected that a full-scale uptrend will start when it rises above 29K.
The section that is expected to be touched in the next bull market is 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (overshooting)
4th: 13401.28
151166.97-157451.83 (overshooting)
5th: 178910.15
These are points where resistance is likely to occur in the future.
We need to check if these points can be broken upward.
We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section.
#BTCUSD 1M
If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33.
1st: 43833.05
2nd: 32992.55
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Support around 71280.01 is the keyHello, traders.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a nice day today.
-------------------------------------
(BTCUSDT 1D chart)
The volatility period is ending.
Since the StochRSI indicator currently looks to be rising to the overbought zone, the key is whether it can be supported around 71280.01.
Therefore, if it is supported around 71.280.01 by June 13, it is likely to lead to further increase.
If it fails to rise above 71280.01, it should check whether it can be supported around 69K-70231.38.
(1W chart)
Looking at the 1W chart, if the price is maintained around 71280.01, the StochRSI indicator is expected to enter the overbought zone.
Accordingly, whether there is support around 71280.01 is an important issue.
The volatility period on the 1W chart is until the week including July 29th.
Have a good time.
Thank you.
--------------------------------------------------
- Big picture
A full-scale uptrend is expected to start after rising above 29K.
The area expected to be touched in the next bull market is 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (overshooting)
4th: 13401.28
151166.97-157451.83 (overshooting)
5th: 178910.15
These are points where resistance is likely to occur in the future.
We need to check if these points can be broken upward.
We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section.
#BTCUSD 1M
If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33.
1st: 43833.05
2nd: 32992.55
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The Trading Matrix: 14 Vital Lessons DecodedThe Matrix is a movie where no matter what age you watch it, you’ll gain a different perspective from it.
And there is a wealth of knowledge and ideas that you can unlock when you dig deep into the movie.
A world where the line between reality and illusion blurs, much like the iconic film.
The Matrix, with its deep philosophical underpinnings and action-packed storyline.
It isn’t isn’t just a cult classic; it’s a treasure trove of lessons for traders.
Let’s decode a few trading lessons you can learn from The Matrix.
Building Confidence: The Neo Path
Remember Neo’s metamorphosis?
From Thomas Anderson, a man riddled with doubt, insecurity and worry.
To Neo, the confident savior of humanity.
This journey is similar to one that a trader takes.
You begin with uncertainty, doubt and worry.
You then develop greed and ego.
The market disciplines and humbles you again and again and again.
But then you develop the edge. You adapt to the trading world with gains, losses, drawdowns and different streaks.
And then you develop self confidence and resilience as a trader.
Like Neo, you might stumble, but remember, every setback is a setup for a comeback.
Confirmation Bias: Dodging the Bullet
Much like Neo’s iconic bullet-dodging scene, traders must learn to dodge the deadly bullet of confirmation bias.
Neo created some form of movements and hand gestures in order to stop the bullets.
But what he truly did was create confirmation bias that he was beyond the physics and laws of the universe. And this system is how he was able to go beyond the normal.
Create or adopt a trading system that with Confirmation bias, you can identify high probability trades.
And even though, you’re using some pseudo system that no one knows about. You’re simply turning chaos into financial order, to have a mechanical process involved – to grow a consistent account.
Only by actively seeking diverse viewpoints can you dodge the bias bullet and make decisions that are truly informed.
Take the Red Pill: Embrace Reality
Taking the red pill is about confronting the brutal truths of the market.
The trading world is not a bed of roses; it’s volatile, unpredictable, and sometimes harsh.
Those traders who take the blue pill –
Only look to win.
Only look to build their portfolio with an insane win rate.
Only look to go all in on certain positions.
When you take the red pill, you take on the realities of trading.
You acknowledge the risks.
You prepare for the drawdowns.
You know you’re going to take inevitable losses.
You understand that your past trading does not indicate future results.
Those oblivious traders – get destroyed.
Like Neo, when you choose the red pill, you choose to see the market for what it truly is, warts and all.
There Is No Spoon: The Power of Perspective
The “There is no spoon” scene teaches us the power of perspective.
In trading, the market isn’t your enemy; it’s your perception that needs adjusting.
Bend your mind, not the spoon.
Adopt a system which has a flexible mindset.
Be ready to pivot your strategies in response to market dynamics.
Success comes not from forcing the market to your will, but from adapting your will to the market.
Understand the Code – Understand the Matrix
Trading involves deciphering patterns, much like understanding the Matrix’s code.
The market moves up, down and sideways.
Given.
But with Price, Volume and probabilities – there is a proliferation of world of opportunities with each market.
Develop the ability to read charts, trends, and indicators.
Recognize that behind every market movement, there’s a code to be cracked.
Agent Smith and Market Manipulators
Just as Agent Smith represents a threat within the Matrix, market manipulators pose real dangers.
Stay away from markets with:
Too much volatility
Too many gaps
Unusual trading activity
Stay vigilant, and don’t be swayed by pump-and-dump schemes or misinformation.
They will disrupt your trading journey.
Training Simulation: Practice Makes Perfect
Remember the scene where Neo was practice fighting in simulations with Trinity and Morpheus?
He was testing, improving, adapting and learning.
You should do the same before you risk your hard earned money.
Test, Test, Test, Forward Test and Real Test.
Use demo accounts and simulations to hone your skills.
Make mistakes where it’s safe to do so, and learn from them without risking your capital.
Morpheus’s Faith: Belief in Yourself
Morpheus believed in Neo before he believed in himself.
Cultivate self-belief.
Trust in your analysis, your strategy, and your decisions.
Without belief, fear and doubt will cloud your judgment.
The Architect’s Plan: Strategy is Key
Understand the market’s architecture.
Develop a trading plan and stick to it.
Adjust as necessary, but always with the structure of your overall strategy in mind.
Free Your Mind: Emotional Control
Neo’s journey was as much about freeing his mind as it was about saving the world.
In trading, emotional control is paramount. You need to learn to let go of Ego, Fear and Greed.
These are your greatest enemies.
You can do this by:
Having a strong back tested track record to prepare for what is to come.
Risk even less until you don’t feel the losses.
Real trade with the smallest positions to get an idea on how the markets work and will operate when you incorporate costs.
Train yourself to remain calm and objective, regardless of the market’s ups and downs.
FINAL WORDS: The Path to Financial Awakening
Trading, is much like deciphering the Matrix.
It is an ongoing journey fraught with challenges, revelations, and the need for constant adaptation.
The key points to remember with the Trading Matrix are:
Building Confidence: The Neo Path
Develop self-belief through education and resilience.
Confirmation Bias: Dodging the Bullet
Seek diverse viewpoints to make informed decisions.
Take the Red Pill: Embrace Reality
Embrace the reality of the markets with all its risks.
There Is No Spoon: The Power of Perspective
Adjust your perspective and adapt to market dynamics.
Understand the Code – Understand the Matrix
Understand the code behind market movements.
Agent Smith and Market Manipulators
Stay vigilant against market manipulation.
Training Simulation: Practice Makes Perfect
Use simulations to hone your trading skills.
Morpheus’s Faith: Belief in Yourself
Cultivate self-belief and trust in your decisions.
The Architect’s Plan: Strategy is Key
Develop and stick to a well-thought-out trading plan.
Free Your Mind: Emotional Control
Master your emotions to remain calm and objective.
GNOUSDT | Ready to Move Lower?Market Context
GNOUSDT recently saw a significant spike in volume, but we couldn't establish a new high on the daily chart. Now, we're consolidating within a trendline on the H4 timeframe, hinting at a possible false break.
Strategy
I’m betting on a move lower. This setup looks like it could play out quickly today, but we might see the downward momentum continue into tomorrow. It’s a thrilling moment—let’s see how this trade unfolds!
Stay tuned for updates and let’s ride this potential dip together!
ELF Beauty (ELF): Ready for a Turn? Key Insights Inside!Following the last earnings call, ELF Beauty Inc. has caught the attention of many investors, with the stock surging 25% since then. However, we do not believe this signifies the emergence of a new super-bullish trend. Instead, we anticipate entering Wave B, which will likely lead to another significant pullback. In our view, the stock has completed Wave (5) of the first cycle and is now in the process of forming an overarching Wave 2. The exact duration and nature of this Wave 2 remain uncertain, as it depends on whether it will be a longer or shorter corrective wave.
In the coming days, we expect the stock to rise again, potentially reaching up to $207, which should be the maximum target. Just below this level is the high-volume node's point of control, which we expect to hold. It is possible that the stock could reach the high-volume node edge at $210, but it is unlikely to surpass this level. After this rise, we anticipate another sell-off down to Wave C, which we expect to fall within the range of $119 to $96. This expectation is based on the assumption that this is a zig-zag correction, where Wave C extends significantly below Wave A.
Before the recent rise, we observed a clear collection of liquidity a few days ago, leading to the breakout of the trendline. The RSI is not yet overbought, but it could become so in the coming days. If the RSI forms higher highs and the price breaks above the high-volume node edge at $221, it could indicate the potential for further upward movement. However, our current expectation is that the stock will hit resistance and then enter Wave C, leading to a deeper correction.
CRVUSDT | Small Move Higher on the Horizon?Market Context
We’ve got an intriguing setup on CRVUSDT! A bullish engulfing candle on the 1H chart, coupled with a trendline break, could be signaling a move higher today.
Strategy
While the market might be quiet today, this calm could allow smaller tokens like CRVUSDT to make some interesting moves. This setup suggests we could see a nice pop!
Let’s keep an eye on this—small tokens often bring big surprises!
BICOUSDT | New High Soon?Market Context
Is BICOUSDT gearing up for a new daily high? The charts are looking promising!
Weekly Analysis
On the weekly timeframe, we've finally broken above and retested the 20 EMA—a classic signal for a move higher. With altcoin season just around the corner, BICO is poised for a significant upward move.
Strategy
I'm jumping in and longing the market now! The stars are aligning for BICO, and we could be on the brink of an exciting rally.
Let’s ride this wave to new heights!
IDEXUSDT | Trade Analysis🚀 Time for another breakout trade with IDEXUSDT!
8-Hour Timeframe
We’ve seen a fantastic breakout of the previous high with significant volume on the 8-hour chart. Staying above the 50 EMA adds to the bullish sentiment.
Daily Timeframe
The daily chart isn't as strong, but we're still holding on to resistance from the previous day, showing potential for an upward move.
Weekly Timeframe
On the weekly chart, we closed above our S/R level and are trading above the 50 EMA—both bullish indicators.
Monthly and 3-Month Timeframes
The monthly candle closed with a top wick, but the 3-month candle looks much more promising, adding to the optimistic outlook.
Market Sentiment and Entry
The market sentiment is quite bullish right now. We’ve got an 8-hour engulfing candle as our entry signal, setting up a promising trade.
I'm bullish on this setup with a decent 1.5:1 risk-reward ratio. Let's see how this plays out!
STRKUSDT | Change in Trend?Is this the bottom? STRKUSDT is showing a potentially game-changing head and shoulders pattern, and we've just seen an impressive 8H candle bounce off the resistance level!
Trade Setup
This setup looks incredibly promising, with the target price of 1.8 aligning perfectly with the head and shoulders pattern target. With a solid 3:1 risk-reward ratio, this trade is shaping up to be a fantastic opportunity.
Could this be the trend reversal we've been waiting for? Let's see how it plays out!
SOLUSDT | Continuation🚀 Last but definitely not least for today: Solana is poised for a big move!
Market Context
With Bitcoin on the rise, I'm betting on Solana reaching the $200 mark!
Bull Flag Breakout
We've just witnessed a break of the bull flag with solid volume, signaling a strong push upwards.
Solana is trending along with the broader crypto market. Let's see how high it can fly!
BEERUSDT | Another Bullish Scenario 🍻 Market Context
Another bullish setup brewing today before the NY session kicks in! Yesterday, I missed the trend with TAIKO, but today I'm feeling much more confident with BEERUSDT—after all, who doesn’t like beer? 😜
Trade Setup
Similar to yesterday's scenario, but today we have more confirmation on higher timeframes, making this setup even more enticing.
Strategy
The target price (TP) will be set later, depending on the price action’s push up or down. Stay tuned for updates!
Let’s raise a glass and see how this trade plays out!
Options Blueprint Series: Cost Efficient Skip Strike ButterflyUnderstanding Skip Strike Butterfly
The Skip Strike Butterfly strategy is a unique and cost-effective options trading strategy that builds upon the traditional butterfly spread. This strategy involves buying and selling options at different strike prices to create a position with limited risk and potential for profit. Unlike the traditional butterfly spread, the Skip Strike Butterfly "skips" a strike price, which reduces the overall cost of the trade while maintaining a similar payoff profile.
Benefits:
Cost Efficiency: Lower upfront cost compared to traditional butterfly spreads.
Limited Risk: The maximum risk is limited to the net premium paid for the strategy.
Profit Potential: Potential for significant returns if the underlying asset moves within the expected range.
Understanding the mechanics of the Skip Strike Butterfly strategy can provide traders with a versatile tool for navigating market conditions when trading Corn Futures. This strategy allows traders to participate in market movements with a well-defined risk and reward profile, making it an attractive option for those looking to optimize their trading costs.
Strategy Setup
Setting up the Skip Strike Butterfly strategy for Corn Futures involves selecting the appropriate strike prices and expiration dates. Here, we detail the steps to configure this strategy effectively.
Steps to Set Up the Skip Strike Butterfly:
1. Select the Expiration Date:
Choose an expiration date that aligns with your market outlook and trading plan. Ensure you select an expiration that provides enough time for the expected price movement to occur.
2. Determine the Strike Prices:
Identify the current price of Corn Futures.
Typically, use calls for bullish setups and puts for bearish setups.
Buy one in-the-money (ITM) option.
Sell two at-the-money (OTM) options using a strike located near to where the trade target price is.
Skip one or multiple strikes and buy one further out-of-the-money (OTM) option.
3. Calculate the Cost:
Calculate the net premium paid for the strategy by considering the premiums of each option involved. The net cost is generally lower due to the skipped strike price.
4. Establish the Payoff Structure:
The maximum profit is realized if the price of Corn Futures closes at the middle strike at expiration.
The maximum loss is limited to the net premium paid for the strategy.
Application to Corn Futures
Analyzing the current market conditions for Corn Futures is crucial before implementing the Skip Strike Butterfly strategy. Let's examine the market and set up a trade based on recent data and trends.
Market Analysis:
Current Price: Corn Futures are trading at 456'6 per contract.
Market Trend: The market has shown moderate volatility with a tendency to hover around the 450 level.
Technicals: Recently, buy UnFilled Orders (UFOs) have formed around the 450 level, indicating strong buying interest and potential support at this price. On the other hand, sell UFOs are positioned much higher, around the 490 level, suggesting limited selling pressure in the immediate range and opening the door for a directional move with a potentially strong reward-to-risk ratio.
Setting Up the Trade:
Based on our analysis, we will implement the Skip Strike Butterfly strategy as follows:
Current Price of Corn Futures: 456'6
Expiration Date: 74 days from today.
Strike Prices and Premiums:
Buy 1 ITM Call: Strike Price 450, Premium 27.25
Sell 2 ATM Calls: Strike Price 480, Premium 16 each
Buy 1 OTM Call: Strike Price 540, Premium 6
Net Premium Paid: 27.25 (buy) - 32 (sell) + 6 (buy) = 1.25 points = $62.5 (Point Value is $50/point)
Source: Options chain available at www.tradingview.com
Trade Execution:
Entry Price: The trade is entered at 1.25 points, making it highly cost-efficient.
Target Price: The optimal scenario is for Corn Futures to close at 480 at expiration, where the maximum profit is realized.
Break-Even Points: Calculate the break-even points to ensure clarity on potential losses or gains. For this setup, the break-even points are 451.25 and 508.75.
Risk: In the worst-case scenario, this trade could incur a loss of 31.25 points if Corn Futures surpasses the upper break-even point. Conversely, a minor loss of 1.25 points would occur if Corn Futures falls below the lower break-even point.
Source: Risk profile graph available at www.tradingview.com
Risk Management
Risk management is a critical aspect of any trading strategy, and it is especially important when trading options like the Skip Strike Butterfly. Effective risk management helps protect against unexpected market movements and ensures that losses are minimized while maximizing potential gains.
Importance of Risk Management:
Limit Losses: By setting clear stop-loss levels, traders can limit the amount of capital at risk and prevent large losses.
Preserve Capital: Protecting trading capital is essential for long-term success. Effective risk management allows traders to stay in the game even after a series of losing trades.
Emotional Control: Having a risk management plan helps traders stick to their strategy and avoid emotional decisions driven by market volatility.
Maximize Gains: Proper risk management enables traders to capitalize on profitable opportunities while keeping losses in check.
Techniques for Managing Risk with Skip Strike Butterfly:
1. Stop-Loss Orders:
Set stop-loss orders at predetermined price levels to automatically exit the trade if the market moves against you.
2. Position Sizing:
Only allocate a small percentage of your trading capital to any single trade. This helps to mitigate the impact of any one trade on your overall portfolio.
3. Diversification:
Diversify your trading strategies and instruments to spread risk across different markets and reduce the impact of adverse movements in any one asset.
4. Hedging:
Use other options strategies to hedge your positions. For example, buying protective puts can limit downside risk if the market moves significantly against your position.
5. Regular Monitoring:
Continuously monitor the market and your positions. Be prepared to adjust your strategy or exit the trade if market conditions change.
Conclusion
The Skip Strike Butterfly strategy offers a cost-efficient and flexible approach for trading Corn Futures. By strategically setting up options at different strike prices while skipping an intermediate strike, traders can reduce the cost of the trade while maintaining a similar payoff structure to a traditional butterfly spread. This strategy is particularly useful in markets exhibiting limited price movements, making it ideal for the current conditions in Corn Futures.
Key Takeaways:
Cost Efficiency: The Skip Strike Butterfly reduces the upfront cost of entering a trade, providing a significant advantage over traditional butterfly spreads.
Limited Risk: With a well-defined risk profile, this strategy ensures that losses are capped at the net premium paid.
Profit Potential: Although the maximum profit is achieved if the underlying asset closes at the middle strike price, the strategy still offers substantial profit opportunities within a specific price range.
Risk Management: Implementing robust risk management techniques is essential for success. Utilizing stop-loss orders, managing position sizes, diversifying strategies, and regular market monitoring can help protect trading capital and maximize gains.
When trading options and employing strategies like the Skip Strike Butterfly, it is crucial to stay disciplined and adhere to your trading plan. Always ensure that your risk management measures are in place to navigate market uncertainties effectively.
When charting futures, the data provided could be delayed. Traders working with the ticker symbols discussed in this idea may prefer to use CME Group real-time data plan on TradingView: www.tradingview.com This consideration is particularly important for shorter-term traders, whereas it may be less critical for those focused on longer-term trading strategies.
General Disclaimer:
The trade ideas presented herein are solely for illustrative purposes forming a part of a case study intended to demonstrate key principles in risk management within the context of the specific market scenarios discussed. These ideas are not to be interpreted as investment recommendations or financial advice. They do not endorse or promote any specific trading strategies, financial products, or services. The information provided is based on data believed to be reliable; however, its accuracy or completeness cannot be guaranteed. Trading in financial markets involves risks, including the potential loss of principal. Each individual should conduct their own research and consult with professional financial advisors before making any investment decisions. The author or publisher of this content bears no responsibility for any actions taken based on the information provided or for any resultant financial or other losses.
NZDCAD: Bullish Trend Continues 🇳🇿🇨🇦
Last week, NZDCAD corrected to a key daily horizontal structure support.
This morning, we see clear sign of strength of the buyers -
a bullish breakout of a narrow horizontal range on an hourly time frame.
It looks like the pair returns to a global bullish trend and a correction is over.
Goals: 0.8435 / 0.845
❤️Please, support my work with like, thank you!❤️
GBPUSD Next Buy opportunity 1.2690 - 1.2699GBPUSD Next Buy opportunity 1.2690 - 1.2699
TAKE PROFIT 02 : 1.1.2792
TAKE PROFIT 03 : 1.2734
STOP LOSS 1.26807
When markets open, place your limit order with proper money management. When 1st target hit make sure to move your stop to breakeven.
Key level
4H Support price - 1.25012
4H Pressure price - 1.28277
ILVUSDT | False Breakout🚀 ILVUSDT is presenting a fascinating setup! We just witnessed another false breakout on the 4H timeframe, backed by some solid volume.
Daily Chart
On the daily chart, we’re still in a downtrend. This suggests a potential move down before any significant upward shift.
Weekly Chart
The weekly chart shows a top wick followed by a bearish candle, signaling a likely move down in the near term.
Trade Setup
I'm setting my order at the previous 4H high and waiting for the action. This trade could play out dramatically, so stay tuned for what promises to be an exciting journey!
CHRUSDT | Bull Flag Analysis🚀 Exciting trade opportunity forming on CHRUSDT—you don’t want to miss this one!
Market Context
BTC is rising, and altcoin season is just around the corner!
Daily Chart
We saw an amazing breakout on the daily chart with a strong green candle. This signals robust bullish momentum.
2-Hour Timeframe
We're currently in a small retest phase. On the 2-hour chart, we've broken the previous high and are retesting it immediately. This is a classic sign of an upcoming move upwards.
Trade Setup
With a risk-reward ratio of nearly 8:1, this trade is too good to pass up! I'm targeting the next daily high, which aligns perfectly with our bull flag target.
This setup looks incredibly promising—let's see how it plays out!