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Entering the sphere of influence of BTC halvingHello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (USDT chart) (USDC chart) The stablecoin that has a great influence on the coin market is USDT. USDC is believed to have a short-term impact on the coin market. Currently, as funds begin to flow into USDC, BTC is moving to renew its all-time high (ATH). Therefore, we need to create a trading strategy based on the belief that the coin market will continue its upward trend until USDT or USDC continues to show a decrease in the gap and shows an outflow of funds. (USDT.D chart) As USDT dominance falls below 4.97, the coin market is expected to enter a bull market. However, we will have to look at the movement of BTC dominance to determine what kind of bull market this will be. (BTC.D chart) For a major bull market to begin, it is likely to begin with a rise in the 55.01-62.47 range or higher and then a decline below 50. A major bull market refers to a bull market in which most coins (tokens) renew their new highs (ATH). Accordingly, there is a possibility that altcoins will rise significantly from the time they begin to decline around 55.01-62.47. If that happens, BTC's movement will slow down and naturally move sideways. -------------------------------------------------- - (BTCUSDT 1M chart) BTC is located near Fibonacci 1 (61338.93). If it does not fall below 59053.55, I think there is a good chance that the upward trend will continue. However, since the StochRSI indicator is located at the highest point of the overbought range, its rise may be limited. (BTCUSD 1M chart) Accordingly, looking at the BTCUSD INDEX chart provided by TradingView, it is expected that there will be difficulty breaking through the range between the left Fibonacci ratio 1 (61383.23) and the right Fibonacci ratio 3.618 (65056.39). Similar to the BTCUSDT chart, a drop below 59103.77 is likely to lead to further declines. 1st: Left Fibonacci Ratio 3 (54512.93) 2nd: Right Fibonacci ratio 0.618 (44234.54) ~ Left Fibonacci ratio 2.618 (47995.77) You need to check if you receive support near the 1st and 2nd levels above. Judging from previous movements, the longest time the StochRSI indicator has stayed at the peak of the overbought zone is about 2 months, so it is possible that the StochRSI indicator will remain at the peak of the overbought zone until up to March. If not, and the StochRSI indicator shows a downward turn, you should look for ways to counter the decline. (1W chart) I believe that the 59053.55 point, which is the point explained in the 1M chart, corresponds to psychological support and resistance points. Therefore, if resistance is seen at the 59053.55 point, there is a high possibility that selling pressure will increase and lead to a further decline. However, the area where the current upward trend is broken is 0.786 (51743.19) ~ 53256.64. If it falls below this range and enters the rising channel, it is expected to eventually touch around 44200-47600, near the bottom of the rising channel. At this time, if it is supported and rises around 44200-47600, a rally toward around 1.618 (89050.0) is expected to begin. If the StochRSI indicator touches the highest point of the overbought range, there is a possibility that the indicator will show a large decline even with a small decline. Therefore, when the StochRSI indicator shows such a decline, it is important to know where support or resistance is found. (1D chart) This period of volatility runs until March 2nd. However, since the next volatility period is around March 10th, this volatility period may be extended until March 11th, so we need to set support and resistance points in the big picture and respond accordingly. Have a good time. thank you -------------------------------------------------- - The big picture The full-fledged upward trend is expected to begin when the price rises above 29K. This is the section expected to be touched in the next bull market, 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 13401.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 These are points that are likely to encounter resistance in the future. We need to see if we can break through these points upward. Since it is thought that a new trend can be created in the overshooting area, you should check the movement when this area is touched. If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
NVIDIA: Large MovesOverview My first two publications on this idea were removed and I was banned for a day so let's try this out again: ... I finally gave in and started looking into NASDAQ:NVDA and I'm glad I did. If I was going to comfortably invest in derivatives or shares of the tech company, I needed to perform a full evaluation and determine pragmatic price targets. Price Projections I have two macro projections and one micro projection that I would like to share with you. On the 1D chart I've established two Fibonacci retracements: one representing uptrend (green) and the other representing a downtrend (red). At the current moment of this publication, an ascending triangle is beginning to form on the hourly and daily charts. This leads me to believe that the markets haven't had their fill yet and that NVDA is most likely gearing up for another rally. If this breakout does occur, I believe that a price target of $750 is reasonable as this value rests around the 161.8% Fib level. For my second macro projection: a correction to the low $300s, or even mid $200s, is a reality as both of these values rest around or near a 50% or 61.8% Fib retracement level. The market does not appear to feel bearish on NVIDIA and a correction like this would require the current ascending triangle to become invalid which is unlikely without an external catalyst -- which is most definitely in existence. I explain this concept in more detail later in this article; you can find it under "NVIDIA Outsourcing." And finally, for those of us that want to make all the short and medium-term trades in-between, I've attached a copy of my projections within the ascending triangle and attempted to match them to the market's sentiments. This led me to project a double bottom within the current pattern. There is a possible second ascending triangle forming at the moment so I am remaining cognizant of significant support around the $470-480 range in the chance that this causes an invalid double-top (M pattern) and a potentially earlier breakout. About the CEO Jensen Huang is the CEO and President of NVIDIA and has held his title since 1993 when he first co-founded the company. He has a Master of Science in Engineering from Stanford University and, from what I've seen in a couple of his interviews, is very intelligent and self-aware. I'd like to regard him as a more stable version of Elon Musk or Steve Jobs. NVIDIA Outsourcing The impression I received during my research is that a lot of the semiconductor chips used in NVIDIA's A.I. projects are sourced from Taiwan Semiconductor Manufacturing Company (TSMC). As you probably already guessed, TSMC is located in Taiwan. The reason I believe that this can be problematic for the company is because, as of late, China has become more outspokenly aggressive towards Taiwan whom it believes it holds sovereignty over. Should China choose to invade the nation I believe this will result in a choke on NVIDIA's production which -- on top of market reactivity -- will drive the share prices downward. To touch on another geopolitical issue very briefly, Huang has made it clear that they supply China with limited-capacity chips to uphold National Security concerns in regards to artificial intelligence. This could very well serve as a motivator for China to want to gain control of TSMC as it would then obtain an advantage over NVIDIA: "give us fully capable chips or else." This is just my opinion and I came to this conclusion from my own research and from my limited knowledge on human psychology. Second red flag for outsourcing, TSMC requires the use of a specific technology that is only delivered by a Dutch company called Advanced Semiconductor Materials Lithography (ASML). I won't dive into the full details but their technology has yet to be reverse-engineered or produced at the same efficiency. ASML provides TSMC the ability to create an end product for NVIDIA. I think it goes without saying, that if NVIDIA does not figure out how to create an equally efficient manufacturing technology, or at least close to, then if ASML one day decides to stop providing said technology -- a market crash will occur for NVIDIA. Fundamental Analysis Time for the dry stuff. According to NVIDIA's Q3 Earnings Call, the following data is assumed to be true: Current Ratio (current assets/current liabilities) = 3.59 --> a 2% increase since January 29, 2023. Cash On-Hand has increased by 62.85% since January 29, 2023. Total Assets outpaced Total Liabilities with assets increasing by 31.49% while liabilities increased by 9.44% since January 2023. Retained Earnings increased by 100.18% since January 29, 2023. Long-Term Debt decreased by 12.84% since January 29, 2023. Other notes: NVIDIA is presently undergoing several class action lawsuits filed in the United States District Court for Northern District of California, for the District of Delaware, and in the Court of Chancery of the State of Delaware. The lawsuits claim that certain NVIDIA executives made misleading statements related to channel inventory (product in between the manufacturing and reseller inventory stages) and impact of cryptocurrency mining on GPU demand between May 2017 and Nov 2018. There has been significant insider liquidation in 2023. In total, executives from NVIDIA – including Huang – have liquidated upwards of $786.8M in company shares within the calendar year. I would typically consider this a red flag but not a sign for impending declines; securing profits may be the only motivation. NVIDIA’s Board of Directors approved a share repurchase program up to $25.24B. Approximately 800K shares ($366M) were repurchased by the company from October 30 - November 17, 2023. This coincides with a relatively large rally followed by a 10% dip immediately after the Q3 Earnings Call.
NASDAQ:NVDA
by Shepherd_Investor
2
After BTC HalvingHello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (BTCUSD 1W chart) It seems that there is a tendency for it to rise a little more than expected and to fall a little less than expected. It seems that there are more people who want the coin market to rise. The Fibonacci ratios on the left correspond to the Fibonacci ratios of the first big upward wave. Therefore, the left Fibonacci ratio point at 3.618 (65056.39) is an important point. The Fibonacci ratio on the right is the Fibonacci ratio of the second major upward wave. This second upward wave is currently underway. If the price rises above 1 (61383.23) of the second wave and holds, a new wave is likely to occur. However, I think it is highly likely that the upward trend will continue only if it rises above 3.618 (65056.39) of the first rising wave. Therefore, I believe that the area between 3.618 (65056.39) and 1.13 (67219.17) is likely to form a strong resistance area. Therefore, I believe that a resistance zone has been formed between 1 (61383.23) and 1.13 (67219.17). If the resistance area is broken upward, the next target is expected to be around 1.618 (89126.41), the right Fibonacci ratio point. If it fails to break through the resistance area, it is expected to create a pullback pattern. This pull back pattern is expected to be the last ride in an upward trend that will continue until 2025. The most important support range for a pullback pattern is 0.618 (44234.54) ~ 0.707 (48229.91). If support is received near the above section, the large upward trend is expected to be maintained. (1M charts) Currently, the StochRSI indicator on the 1M chart has reached the highest point of the overbought zone. The StochRSI indicator on the 1W chart has not yet reached its peak, but is very close to it. These highs are likely to remain for up to two months. All of these reasons showed a downward trend. Therefore, I think there is a high possibility that the same movement will occur this time as well. Therefore, if the StochRSI indicator reverses and shows a downward trend, you need a trading strategy to counter the decline. If a pull back pattern appears, there is a high possibility that you will think that the trend has turned downward and sell everything. It applies to altcoins that need to be sold entirely. However, unlike previous halvings, this BTC halving is expected to be a new starting point. So, I hope you endure this movement well and have a good final ride. Ultimately, if a pull back pattern occurs, the time to buy again will be when the price breaks upward from the current section where the pull back pattern began. This move comes at a time when retail investors are buying. Have a good time. thank you -------------------------------------------------- - The big picture The full-fledged upward trend is expected to begin when the price rises above 29K. This is the section expected to be touched in the next bull market, 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 13401.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 These are points that are likely to encounter resistance in the future. We need to see if we can break through these points upward. Since it is thought that a new trend can be created in the overshooting area, you should check the movement when this area is touched. If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern. 1st: 43833.05 2nd: 32992.55 -----------------
INDEX:BTCUSD
by readCrypto
3
Weekly trends and outlookHello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (USDT chart) (USDC chart) The flow of funds appears to be flowing into the coin market. In particular, the rise of USDC is expected to bring great vitality to the coin market. However, USDC can still be seen as having a weaker influence on the coin market than USDT, so it is necessary to check whether USDT continues to maintain the gap upward trend. (BTC.D chart) (USDT.D chart) In order to utilize fund flow information in trading, I think it is a good idea to check the movements of BTC dominance and USDT dominance. When USDT dominance falls below 4.97, the coin market is expected to begin a bull market. In order for this bull market to lead to an altcoin bull market, it is expected that BTC dominance will begin when it falls below 50.0. An altcoin bull market means a bull market in which you can make a profit no matter what altcoin you buy. In order for a major bull market to begin, it is expected that BTC dominance must rise in the 56.78-62.47 range or higher and then begin to fall. A major bull market refers to a bull market in which most coins (tokens) renew their new highs (ATH). -------------------------------------------------- --- (BTCUSDT 1W chart) The key is whether the price can be maintained by rising to the 53256.64-66401.82 range, which is the box range of the previous HA-High indicator. In particular, the previous HA-High indicator point, 56150.01-59370.07, is expected to be an important resistance area. Accordingly, if it rises above 53256.64 and then falls below 53256.64, it is expected to form a pull back pattern. The reason why it is not said to have turned into a downward trend is because the flow of USDT or USDC mentioned earlier is maintaining a gap upward trend. The most important zone when the decline began is 42141.24-43823.59. This is because this section is where the HA-High indicator of the 1W chart and the HA-High indicator of the 1M chart were formed. Therefore, if it shows support around 44200.0-47600.0, it is expected to form the bottom of a pull back pattern. In order to continue the upward trend, the StochRSI indicator must be moved out of the overbought zone. If that happens, it is expected to see a bigger rise. (1D chart) If it shows support around 51686.94, it is expected to rise. Accordingly, buying is possible when it breaks upward through the 51686.94-52137.67 range. To do this, we need to make sure that the StochRSI indicator is out of the oversold range and arranged as StochRSI > StochRSI EMA. For purchases made around 51686.94-52137.67, the stop loss point is 50585.0, which is the bottom point of the HA-High indicator box. If it falls below 50585.0, it is expected to touch around 49686.20, so you need to think about how to respond. The next period of volatility is around March 1st. Have a good time. thank you -------------------------------------------------- - The big picture The full-fledged upward trend is expected to begin when the price rises above 29K. This is the section expected to be touched in the next bull market, 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 13401.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 These are points that are likely to encounter resistance in the future. We need to see if we can break through these points upward. Since it is thought that a new trend can be created in the overshooting area, you should check the movement when this area is touched. If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
1
How to trade the Fibonacci indicator in 2024Today, we’ll start with what Fibonacci is and how to use it to spot significant market turning points. Let’s start with... A short story about Fibonacci In 13th century Italy, lived a man named Leonardo Pisano – one of the greatest mathematicians of all time. Leonardo (also known as Fibonacci), learnt all about Arabic and Indian mathematics during his travels in North Africa and around the Mediterranean regions. Each time he travelled to a new place, he kept noticing a consistent pattern that repeated itself throughout nature. The sequence he defined was as follows. 0, 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144… Basically, all you do is take the last two numbers and add them up to get the next number. 0 + 1 = 1 1 + 1 = 2 1 + 2 = 3 2 + 3 = 5 3 + 5 = 8 8 + 5 = 13 And so on… Fibonacci first contrived this pattern through a pair of breeding rabbits but he then saw this pattern throughout nature - in the breeding of honeybees , the shape of seashells as well as plants. This sequence also applies to trading and investing charts and is called the Fibonacci Retracement indicator. The Fibonacci Retracement indicator is used to help identify possible support and resistance levels for any market. The idea is all high liquid markets tend to move, to and retrace back, to certain levels after a big price move. The indicator is used to calculate the ratios and percentages using the Fibonacci sequence. Let’s look at an example with the South African JSE ALSI 40. Fibonacci on the JSE ALSI 40 Looking at the above daily chart of the JSE ALSI 40, you can see the index has fallen from a Swing High point of (100%) at 70,522 down to a Swing Low point (0%) to 65,386. On your platform, when you add the Fibonacci Retracement tool onto your chart, you'll drag it from the swing high to the swing low price of the uptrend to see six main horizontal fib lines present themselves: Fib line #1: 100% (Swing high) Fib line #2: 61.8% Fib line #3: 50% Fib line #4: 38.2% Fib line #5: 23.6% Fib line #6: 0% (Swing low) Traders use these lines to establish and identify supports (floor) and resistances (ceiling) levels. And with these levels you’ll be able to spot good entry, stop loss and take profit price levels. Once you draw the Swing High and Swing Low on the JSE ALSI 40, the Fibonacci lines will be plotted on the chart. You would also have seen the market then went to one of the high points at 61.80% at 68,560. The price then retraced back to the 23.6% level at 66,598. So you can see where we are going with this. As a reversal trader, you could have sold (gone short) the index around 68,560 and held it until it hit the 66,598 line at 23/6%. That’s where you would have banked a gain just by waiting for the market to bounce off a fib line. That’s a good introduction and a different way for you to trade and use the Fibonacci Retracement tool with your trading in 2024. Let me know if this was helpful!
TVC:SA40Education
by Timonrosso
1
need to find the criteria that fits your trading strategyHello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (BTCUSDT 1D chart) The criteria on which you proceed with trading will depend on your trading strategy. Therefore, it is most important to set standards that suit your trading strategy. 1. Trend line: Drawn using the StochRSI indicator 2. HA 5EMA: (opening price of Heikin Ashi candle + closing price of Heikin Ashi candle) / 2 5EMA line drawn as one value 3. MS-Signal: Indicator using MACD indicator formula 4. HA-High: An indicator created using the characteristics of Heikin Ashi candles and the RSI indicator You can respond by creating a trading strategy based on the above. When the StochRSI indicator of the TS-BW secondary indicator and the StochRSI EMA indicator intersect and StochRSI > StochRSI EMA, it is a buying time. Accordingly, you can create a trading strategy based on one of numbers 1-4 above. Currently, we need to confirm support based on the HA-High indicator and then respond. Therefore, the key is whether it receives support or resistance based on the 51686.94 point. A trend is expected to be formed depending on which direction it deviates from the 49676.20-53256.64 range. (1W chart) (1M charts) However, since both the StochRSI indicators on the 1W and 1M charts have entered the overbought zone, there is a high possibility of a price adjustment, that is, a pull back pattern. The resistance area at this time is expected to be around 56150.01-59370.07. If the price fails to maintain its upward trend after rising above 53256.64 and shows resistance around 53256.64, there is a possibility of creating a pullback pattern, so a response is needed. Therefore, I believe that securing adequate cash will allow us to seize good opportunities during price adjustments. Have a good time. thank you -------------------------------------------------- - The big picture The full-fledged upward trend is expected to begin when the price rises above 29K. This is the section expected to be touched in the next bull market, 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 13401.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 These are points that are likely to encounter resistance in the future. We need to see if we can break through these points upward. Since it is thought that a new trend can be created in the overshooting area, you should check the movement when this area is touched. If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
Next volatility period: around March 1stHello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (BTCUSDT 1M chart) BTC is located near the Fibonacci ratio point of 0.786 (51743.19). Accordingly, the key is whether it can receive support and rise around 0.786 (51743.19). If not, 1st: 0.707 (48200.83) 2nd: 0.618 (44210.08) It is expected to fall to around the 1st and 2nd levels above. Since the StochRSI indicator is located at the highest point of the overbought range, support around 0.786 (51743.19) is expected to be an important issue. (1W chart) Since it is above the rising channel, it falls into a period of volatility around the week of February 26th. Accordingly, the key is whether it can rise and receive support around 0.786 (51743.19) ~ 53256.64. Otherwise, if it enters the rising channel, there is a possibility of touching the bottom line of the rising channel, so a countermeasure is needed. Therefore, we need to check whether this week's candlestick maintains the price in the 0.786 (51743.19) ~ 53256.64 range or higher. (1D chart) If the closing price falls below HA 5EMA, caution is needed as it may lead to a further decline. The HA-High indicator is expected to be created at the 51686.94 point. Accordingly, the key is whether it can receive support and rise around 51686.94. If it receives support this time and rises, it is important whether it can be supported around 53256.64. If not, there is a possibility that it will lead to a further decline and fall to around 49676.20. The MS-Signal indicator is passing around 49676.20, so if support is confirmed around 49676.20, it is time to purchase additional. Since the StochRSI indicator has entered the oversold zone, it is necessary to check whether it is showing signs of turning upward. The next period of volatility is expected to be around March 1st. Have a good time. thank you -------------------------------------------------- - The big picture The full-fledged upward trend is expected to begin when the price rises above 29K. This is the section expected to be touched in the next bull market, 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 13401.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 These are points that are likely to encounter resistance in the future. We need to see if we can break through these points upward. Since it is thought that a new trend can be created in the overshooting area, you should check the movement when this area is touched. If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
3
7 Monopoly Lessons for TradersYou can learn a lot from the classic board game we all know and love: Monopoly. And as a trader, if you decide to play it again with your spouse or children – you’ll find the game to be very different. That’s because you have a better sense of risk, reward, probabilities and money management. You have the patience to grow a sizeable portfolio and eventually WIN! But before you do delve into your past, I want to share 7 important lessons I learned about trading from Monopoly. Hold Cash: The higher earner has the upper hand In Monopoly, the richer always has a stack of cash at the ready. Just like the Casino (where the house holds most of the money). And where the money is, is where the advantage lies. Similarly, in the trading arena, the money you have on hand is your golden ticket to seize profit opportunities. You know when they say, we are still counting our money? It’s because you have cash in hand rather than tied up in different assets. So with trading and with Monopoly, cash is king. You always need money to: Have funds to buy or sell more markets Be able to control your risk and money management Work on your Drawdown control methods Peace of mind you’re in it for the long haul No matter how many trades or positions I take, I always make sure to have at least 90% of cash in the portfolio at any one time. Be Patient: Not every roll is a winner Impatience is the enemy of traders. In Monopoly, you don’t win by making reckless moves at every turn. It’s about waiting for the right moment to strike. It’s about being patient to wait for the right property to buy and take advantage of. It’s about waiting for your opponent to land on your property for you to get paid. All in good time my friend., Apply the same philosophy to trading. The market will throw its share of doubles and snake eyes your way, but success lies in patience and strategic precision. You need to be patient for: The high probability trade to line up The markets to play out The drawdowns to end eventually Your portfolio to grow at a slow but steady rate Patience is EVERYTHING. Monopoly teaches us the value of holding onto our hard-earned cash. Similarly, in trading, preserving your capital is the name of the game. Avoid risky moves that could bankrupt your portfolio, and remember, sometimes the best move is not the flashiest one. Don’t blow on the most expensive stuff Just because Boardwalk has an expensive hotel doesn’t mean it’s the winning move. Similarly, the most expensive stocks or markets like Brent Crude or Indices like JSE ALSI 40 aren’t always the path to success. First, you might not have enough funds to accommodate the positions. Second, the markets might not have aligned perfectly to your strategy. Third, a high price market might be in a BUBBLE which is ready to pop. Fourth, it might be stressful putting in a large margin of funds to hold a more expensive stock i.e. Facebook, Berkshire Hathaway, Apple etc… Astute traders know that value can be found in unexpected places. You might find even better profit opportunities in other Blue Chip stocks that don’t even cost 1/10th of the price. Diversification and Opportunism: Building houses on every colour Monopoly teaches us the power of diversification. There are different properties with a variety of prices and conditions. You need to learn how to spread your investments wisely, and be opportunistic. Just as building houses on every color can secure your Monopoly victory, diversifying your portfolio across sectors, markets and positions can mitigate your risk and boost your chances of success. Strategic planning trumps luck I have to admit that, luck does play a role in both Monopoly and trading. It is luck to not roll the dice and land on “Go to Jail”. It is luck to not pick up a Chance card saying “You have to pay rates and taxes”. Same with trading. It is luck getting into a high probability trade and then the market actually playing out. It is luck being in a strong and favourable market environment for your trading system. It is luck having the market price shoot up past your take profit due to some external event. But trading and Monopoly are both very much strategic planning processes. You need to plan your moves carefully. You need to act on your moves, based on probabilities. You need to risk accordingly to not go bankrupt. You need a strong and well-thought-out trading plans. Conduct thorough analyses, and stick to disciplined strategies. And this is how strategy and luck will help you increase the chance of success. Negotiation mastery Monopoly is not just about rolling the dice; it’s about negotiation. You are playing against opponents of different advantages and styles. You need to learn how to negotiate, aid and help each other – before you beat them! I don’t know how else to explain this :D. Trading also involves striking deals. You’re hitting bids (when selling) and offers (when buying). You’re betting against your counterparty (investor, trader or market maker). You’re negotiating prices and moves. The choices you make will give you the significant edge and help streamline your profitable journey. Passive Income Key: Collect $200 as You Pass Go The exciting and genius of Monopoly lies in the sweet reward of $200 every time you pass Go. You know that feeling of waiting and playing your turns. Going through the good Chance cards and the Bad (going to jail). But when you are out and you pass Go, you can to collect your wage of $200. This is your special passive income secret weapon. You don’t just stick to what you have, you build on it and use what you newly have to grow your portfolio. The same works with trading. Each month, you receive a salary. And you spend, save and invest. So if you want to grow your trading portfolio using the compounding strategy, you might as well build on it. You might as well accelerate your trading journey. You might as well let your money work for you! Embrace the power of compounding, re-investing and depositing, and you might find yourself collecting much more than $200 as you navigate the trading board. Let’s sum up the Monopoly Lessons Traders Can learn: Hold Cash: The higher earner has the upper hand Be Patient: Not every roll is a winner Don’t blow on the most expensive stuff Diversification and Opportunism: Building houses on every colour Strategic planning trumps luck Negotiation mastery Passive Income Key: Collect $200 as You Pass Go FINAL WORDS: The trading board is yours – now go bankrupt the market, one strategic move at a time!
TVC:SA40Education
by Timonrosso
KOG - Simple Trading Strategy Simple Trading Strategy - Generate your own take profit targets. Today we're going to share with you a simple yet effective trading strategy that can be used on any instrument. Like any other trading strategy its not 100%, but, you can see from that illustration how effective it can be in keeping you in the right direction on a pair. You can add Moving averages to this as well as which ever indicators you prefer to use and fine tune the strategy to make it work for you. We must stress, with this strategy you have to have a confident ability in charting and have an understanding of support and resistance levels as well as key zones and regions of liquidity. The bonus with the strategy is it can be applied to all time frames, it can be used to swing trade on longer time frames and to scalp on short time frames. So when we publish our daily morning reviews with our levels and say "LEVEL TO LEVEL" trading, this strategy gives you an idea of what we're suggesting. Also, when we share our 15M levels and zones you can apply this strategy to trade your way up or down to the target. So lets begin: 1) Start with the 4H chart 2) Look for price action where the price was previously in the same range 3) Use the highs and the lows of swings to plot your support and resistance lines 4) Switch to the 1hr chart 5) You are looking for candle body closes above or below the support or resistance lines. The bigger the candle body close the more accurate the target above is. We can use this strategy to take numerous trades in up and down until the target level is reached. This strategy also helps you with your entries and exits. Once you plot the lines and see the price is in between two lines of support and resistance, you will know not to enter a trade. Wait for the pull back on the smaller timeframe or for your chosen indicator to give you the signal!! NOTE: • Lines can never be accurate but try to get them as precise as possible • You must update your lines daily as support and resistance levels change • You must have a risk strategy in place. On most occasions there will be a pullback or retracement on price which can put you in drawdown. • Money and risk management are priority when using this strategy. • Nothing is 100% but once you add the Excalibur target to the chart you have clearer idea of direction. ALWAYS REMEMBER: MAs and indicators are lagging, when using this strategy try to keep it simple and clean. Basic support and resistance levels along with a decent candle body close. Try it, backtest it, apply it. Let us know your findings. As always, trade safe. KOG
FX:XAUUSDEducation
by KnightsofGold
30
If a short-term price adjustment occurs...Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (BTCUSDT 1D chart) The upper line of the Price Channel indicator was created on February 17th, confirming the high point. Accordingly, the possibility of a short-term price adjustment is increasing. As the decline progresses, a new HA-High indicator appears to be being created. Accordingly, if the HA-High indicator is generated around 50862.10, I think it is important to see whether it receives support or resistance around this area. The difference between the 5EMA line and the HA 5EMA line is the source value. 5EMA: Closing price HA 5EMA: (Heikin Ashi’s closing price + Heikin Ashi’s opening price) / 2 Therefore, from a short-term trading perspective, it is highly likely that the upward trend will be maintained if 5EMA > HA 5EMA is maintained. There is a possibility that the section consisting of the 5EMA, HA 5EMA, and HA-High indicators may become a support section. If there is no support in this area, it is expected to touch the MA-Signal indicator, that is, near the M-Signal indicator on the 1D chart. Ultimately, in order to continue the upward trend, the upper point of the Price Channel indicator must be broken upward, so the final support point can be said to be near the upper point of the Price Channel indicator. (1W chart) Since the upper line of the Price Channel indicator on the 1W chart is not currently visible on the candle, you can see that the high point has not yet been confirmed. Accordingly, even if there is a short-term price adjustment in the 1D chart, the decline is expected to be small. However, you should check whether the upper line of the Price Channel indicator is displayed when next week's candle is created. The area expected to be a resistance area is around 53256.64-59370.07. (1M charts) This flow is expected to proceed in the direction of the arrow. The support zone is expected to be around the Fibonacci ratio point of 0.618 (44234.54). Therefore, the maximum range of short-term price adjustment is expected to be around 44200.0-47600.0 as the support range. --------------------------------- Since I will be traveling from February 19-21, my next publish will be on February 22nd. Please check the movement until this volatility period (February 21st) and find a purchase point for the coin (token) to proceed with the transaction. Have a good time. thank you -------------------------------------------------- - The big picture The full-fledged upward trend is expected to begin when the price rises above 29K. This is the section expected to be touched in the next bull market, 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 13401.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 These are points that are likely to encounter resistance in the future. We need to see if we can break through these points upward. Since it is thought that a new trend can be created in the overshooting zone, you should check the movement when this zone is touched. If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
Next volatility period: around February 15-20Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- If you can't predict the direction of BTC, if you don't know whether it will rise further or fall in the future, why are you analyzing charts? Through chart analysis, we are traders trying to make a profit by trading. In order to trade, you need to create a trading strategy and react to price movements. At this time, the important thing is that you need a trading strategy to reduce losses, not a trading strategy to gain greater profits. A trading strategy created to gain greater profits will act as a disadvantage in psychological warfare, and if these psychological instability factors accumulate, you will eventually end the transaction with a loss. --------------------------------------- (BTCUSDT chart) I think what you need to pay close attention to in the charts above is the movement of the StochRSI indicator. Currently, only the 1W chart has failed to enter the overbought section. When next week's candle is created, it is necessary to check whether the StochRSI indicator on the 1W chart enters the overbought zone. When the StochRSI indicator falls from an overbought zone, you need to check at which point or zone it is supported or resisted. --------------------------------------- (USDT chart) (USDC chart) USDT and USDC are still on the rise. Although USDC has been showing a gap decline since February 11, it is expected to eventually maintain an upward trend if it remains above 26.525B, which was an important point. A rise in the gap between USDT and USDC means that funds are flowing into the coin market. Conversely, a falling gap means that funds are flowing out of the coin market. Therefore, this rise shows that funds are flowing out through USDC. Since I believe that the increase or decrease of USDT or USDC through trading is expressed as a candle, I believe that the meaning of the gap is the inflow and outflow of funds. I think that if you know the fund flow in the coin market, you can ultimately know the movement of the coin market. Accordingly, the movement of the USDT or USDC chart can be said to be an important chart for individual traders to view the fund flow in the coin market. Among them, I think it is especially important to check the movement of USDT because USDT has the greatest influence on the coin market. ------------------------------------------------- Once you have confirmed the flow of funds in the coin market, that is, the inflow and outflow of funds, you need to check how the funds flowing into the coin market are moving. (BTC.D chart) (USDT.D chart) Such movements should be confirmed by movements in BTC dominance and USDT dominance. BTC dominance lets you know whether funds are concentrated towards BTC or altcoins. Accordingly, a rise in BTC dominance means that funds are being concentrated towards BTC. To know the overall trend of the coin market, you can find out to some extent by checking the dominance of USDT, which has a great influence on the coin market. What is important in USDT or USDC charts is that the gap rise continues to occur. This is because funds will flow into the coin market. If funds continue to flow in this way, the corresponding dominance will inevitably rise. Therefore, when looking at the BTC dominance or USDT dominance chart, you should look at whether the current candle is a falling candle or a rising candle rather than the trend. Otherwise, if you judge the dominance chart as a trend, there is a high possibility of getting incorrect forecasts, so be careful. The coin market is showing an upward trend as USDT dominance falls below 5.89. If it falls below 4.97, I think there is a high possibility that the coin market will show a major upward trend. However, in order for the mainstream upward trend to begin, it is expected that BTC dominance must rise in the 56.78-62.47 range or higher and then begin to decline. If not, it is expected that an altcoin bull market will begin rather than a mainstream bull market. An altcoin bull market means a bull market in which you can ultimately make a profit no matter what altcoin you buy. A major bull market refers to a bull market in which most coins are likely to hit new highs (ATH). Therefore, it is necessary to see what BTC dominance looks like in the future. For an altcoin bull market to begin, it is expected that BTC dominance must fall below 50. -------------------------------------------------- ------ (BTCUSDT 1M chart) It is showing a significant rise, rising above the Fibonacci ratio point of 0.618 (44210.08). The resistance area of this rise, that is, the area that will determine the trend again, is expected to be around the Fibonacci ratio range of 0.886-1.0. (1W chart) If you check this in more detail, it is expected to be in the range 53256.64 -66401.82. However, if it enters the 53256.64 -66401.82 section, the 59370.07 point is expected to be the critical point. Caution is needed because there is a possibility that the price will rise around 53256.64 and then shake up to break above it. (1D chart) What is important to look at in this shakeup is whether there is support around 49676.20. If it rises around 53256.64 and then falls below 49676.20 and shows resistance, caution is needed as it could lead to a further decline. The most important indicator to look at in my charts is the MS-Signal indicator, that is, the M-Signal indicator on the 1M, 1W, and 1D charts. If the price stays above this indicator, it will eventually continue its upward trend, otherwise it will show a downward trend. The M-Signal indicator on the 1D chart shows short-term trends, The M-Signal indicator on the 1W and 1M charts indicates mid- to long-term trends. Therefore, you need to identify trends and create a response strategy that matches your trading strategy, that is, your investment period. Since the MS-Signal indicator on the 1D chart, that is, the M-Signal indicator, passes through the 45135.66-46431.50 range, if it falls to around 46431.50, you should check for support and respond in the short term. The M-Signal indicator on the 1W chart is passing around 41253.4, so an appropriate response is needed. Both the StochRSI indicator and the BW indicator hit their highest points. Accordingly, if the price shows a slight decline, it will show a reversal. However, if the StochRSI indicator does not fall below the overbought range, it means that the strength of the rise is strong, so you must check and respond to support and resistance at the support and resistance points or sections. In other words, how well you find support and resistance on the 1M, 1W, and 1D charts is the most important factor required for trading in chart analysis. No matter how much you can tell the trend through chart analysis, if you ultimately fail to find support and resistance points, trading may proceed in the wrong direction. Therefore, support and resistance points should be points that anyone can understand and predict. If you do not explain the interpretation of support and resistance points, it will be difficult to utilize the support and resistance points, so although it may be a good article for chart analysis, it will be an analysis that cannot be used for trading purposes. Have a good time. thank you -------------------------------------------------- - The big picture The full-fledged upward trend is expected to begin when the price rises above 29K. This is the section expected to be touched in the next bull market, 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 13401.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 These are points that are likely to encounter resistance in the future. We need to see if we can break through these points upward. Since it is thought that a new trend can be created in the overshooting zone, you should check the movement when this zone is touched. If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern. 1st: 43833.05 2nd: 32992.55 -------------------------------------------------- ------------------------------------------- ** All explanations are for reference only and do not guarantee profit or loss in investment. ** Trading volume is displayed as a candle body based on 10EMA. How to display (in order from darkest to darkest) More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA ** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own. ** This chart was created using my know-how. ---------------------------------
by readCrypto
1
5 Important Trading Protection LevelsREMEMBER No matter what stock, index, Forex or other markets you’re trading, every trader needs 5 protection levels. Stop loss to stop yourself from furthering losses Time stop loss to get you out of non-performing trades Adjusted stop loss to lock in profits when the market moves in your favour. Risk % per trade to only lose a certain amount of your portfolio % of Drawdown before you HALT trading – when the market is not in a favourable environment to your strategy. Short and sweet but VERY powerful to apply to your trading. Do you have any other protection levels?
TVC:SA40Education
by Timonrosso
1
Rise above 42151.24-43823.59 is importantHello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (BTCUSDT 1M chart) An important selling zone is formed around 42283.58. Accordingly, the key is whether it can receive support around 42283.58 and rise above 43823.59. (1W chart) The important section containing the psychological resistance zone is the 42151.24-43823.59 section. Therefore, I think it is highly likely that a trend will form based on this important section. However, when viewed from the overall flow of the chart, the 37253.82-46431.5 section can be considered to be the starting boundary section of the high point section. Therefore, if it rises above 46431.5, it can be said that it has entered the high point in the overall trend of the chart. Based on the current price and trend, if it falls below 37253.82, the trend is expected to turn to the downside. The 32917.17-35045.0 section is a strong support zone, and if it falls below this zone, it is expected to enter the bottom zone. (1D chart) This period of volatility will last until around February 7th (February 8th). Have a good time. thank you -------------------------------------------------- - The big picture The full-fledged upward trend is expected to begin when the price rises above 29K. This is the section expected to be touched in the next bull market, 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 13401.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 These are points that are likely to encounter resistance in the future. We need to see if we can break through these points upward. Since it is thought that a new trend can be created in the overshooting area, you should check the movement when this area is touched. If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern. 1st: 43833.05 2nd: 32992.55 -------------------------------------------------- ------------------------------------------- ** All explanations are for reference only and do not guarantee profit or loss in investment. ** Trading volume is displayed as a candle body based on 10EMA. How to display (in order from darkest to darkest) More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA ** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own. ** This chart was created using my know-how. --------------------------------- ​
by readCrypto
1
Gold Weekly Update 12-16 Feb 24The market appears to be moving sideways from 2021 to 2030, with minimal fluctuations expected in the next one or two days. However, a breach below the 2020 level on Monday could lead to a downward trend, potentially reaching 2010-2005, marked as Target 01. If the downtrend persists, further decline to 1990-1980 is anticipated, labeled as Target 02. Conversely, breaking above 2036 may propel the market upwards, with a potential target of 2055. Stay tuned for updates and follow for more information.
OANDA:XAUUSDShort
by sheikhhamza306
Are we in LAZY FEBRUARY traders? Q. "I heard that there is a phenomena called “Lazy February”. Could you explain why it’s called that and what I should watch out for as a trader?” A. I have not heard that term in eons! Here’s my 10 cents on how Lazy February got this name. Short month effect February is the shortest month of the year. And because so much happens in February, many investors like to play it safe and observe. Most investors tend to wait for March when the markets have chosen a direction, earnings are out, taxes are paid and they are ready to invest again. Year-end position squaring Traders often close out their positions at the end of the year right through to January. And this is for accounting, performance evaluation and tax purposes. This process is known as "position squaring”. But the big influencer is tax. Closing off the tax year In many countries, February is a time when individuals and corporations start preparing for tax filings. And this can influence investment decisions which can lead to either selling their positions or adjusting their portfolios for tax efficiency. After February and going into March, we should see a higher volume of buying and investing in the markets. Earnings season February is also known for major earnings releases – Especially in the U.S. Investors during this period prefer to watch and observe. This way they’ll be able to see the forecasts versus the actual results. Once the numbers are released, that’s where they’ll have more of an idea of what they want to invest in and what to buy or sell in March and the coming year.
TVC:SA40Education
by Timonrosso
1
Q. WILL A 125BPS CUT IN INTEREST RATES DRIVE UP GOLD? A. Remember when it comes to interest rate cuts it means the following: Stimulates economic growth This makes borrowing cheaper as interest rates are lower. And it encourages more spending and investments by individuals and businesses. Boosts buying from consumers Also, with low interest rates it entices people to buy more. And this is because the cost of loans drops. This leads to them buying more homes, cars, and other goods. There are other elements, but you get the idea. Now, lets consider why lower interest rates could mean the gold price will rally Reason #1: Lower interest rates and a weaker US dollar helps the gold price When interest rates drop, the yield on bonds and savings accounts typically declines. And a weaker dollar makes gold cheaper for people with other currencies. It's like gold goes on a global sale, and everyone wants a piece! So, this will drive up its demand and the price. Reason #2: Investors get out of low yielding markets and into gold Remember that when interest rates are high, investors move to high yielding markets. They like to keep their money in the banks, bonds, money market or any other high interest savings accounts. But when interest rates drop, investors don’t make much of their money from these assets. And so, they will look to invest in markets like gold, which will drive the price up. Reason #3: The golden safe-haven will prevail! With interest rate cuts, it normally signals signs of economic uncertainty or weakness. And during these times, investors will often seek out safe-haven assets. Gold is a classic example of a safe haven that investors will look to buy. And this golden attraction will help push the price up.
COMEX:GC1!Education
by Timonrosso
XVS: Expecting Further Sideways Movement and Long Position AccumI anticipate XVS to continue trading within its current sideways range, as the price is currently near the lower boundary of this range. Therefore, I've taken a long position with the strategy of trading from the range boundaries. Over the course of several days, market makers are likely to accumulate positions within this range. This accumulation may lead to an upward move towards the upper boundary of the range, or at the very least, towards the midpoint.
Long
by Shved126
Important section : 42141.24-43823.59Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (BTCUSDT 1M chart) A new candle has been created. The 42283.58 point is an important point and forms the volume profile section. Accordingly, the key is whether it can receive support around 42283.58 and rise above 43823.59. If that happens, the next resistance area is expected to be the Fibonacci ratio range of 0.886-1.0. If it falls below 42283.58, it is expected to maintain an upward trend only if it receives support around 37253.81. (1W chart) What is important to look at in the 1W chart is whether the price can be maintained above the HA-High indicator on the 1W chart. The HA-High indicator is currently at 42141.24. Accordingly, it can be seen that the section 42141.24-42283.58 corresponds to an important point. As the price moves, trend lines are created, and you can see that it is moving within the rising channel of the rising trend lines (2)-(3). Channeling doesn't actually have any special meaning, so it's best not to worry about it too much. I think it just applies to the display method in chart analysis. By combining this rising channel with the points mentioned above, we can calculate a period of volatility to some extent. In that sense, the period of volatility on the 1W chart is expected to be around the week of March 11th. (1D chart) The key is whether the price can be maintained by rising above the psychological resistance zone of 43160.043823.59. Accordingly, it is necessary to check whether the downward trend line (1) and (1-1) can be broken upward. An upward trend line (2) is formed near the important point of 42141.24-42283.58, so it is important not to fall below this trend line. If it falls below 41732.35, you need to check whether it can rise with support in the 39845.44-42053.66 range. In any case, what is important is which direction it deviates from the 42141.24-43823.59 range, which is the range located during the period of unusual volatility (until February 8). Even if it rises beyond the psychological range, there is a possibility of resistance in the 44200.0-47600.0 range, but if it rises this time, it is expected that it will succeed in breaking upward. The reason is that funds are continuously flowing into the coin market. If altcoins rise along with the price of BTC, it means that they have risen above a critical point. In that case, if BTC dominance shows a decline, altcoins are expected to continue their upward trend. On the other hand, if BTC dominance shows an upward trend, altcoins are likely to gradually sideways or decline. Therefore, if you buy wrongly when an altcoin is rising, you may suffer, so it is better to buy before it rises or wait until BTC dominance shows a decline. Have a good time. thank you -------------------------------------------------- - The big picture The full-fledged upward trend is expected to begin when the price rises above 29K. This is the section expected to be touched in the next bull market, 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 13401.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 These are points that are likely to encounter resistance in the future. We need to see if we can break through these points upward. Since it is thought that a new trend can be created in the overshooting area, you should check the movement when this area is touched. If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern. 1st: 43833.05 2nd: 32992.55 -------------------------------------------------- ------------------------------------------- ** All explanations are for reference only and do not guarantee profit or loss in investment. ** Trading volume is displayed as a candle body based on 10EMA. How to display (in order from darkest to darkest) More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA ** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own. ** This chart was created using my know-how. ---------------------------------
by readCrypto
5
💹 KUJI Trading Strategy 🌐📊 Current Market Status: KUJI at $2.70 - $3.00 area of support. 📈 Chart Analysis: Identified support zone. 🔄 Longing Strategy: 30% Allocation: Spot long position with 30% of intended funds in the $2.70 - $3.00 support area. 30% at Breakout: Allocate another 30% once the price breaks through the resistance line. Remaining 40% on Retest: Deploy the remaining 40% on a retest of the break of the resistance line. ⚖️ Risk Management: Stop Loss: Around $2.47. Take Profit 1: $4.00 - $4.20. Take Profit 2: $5.00 - $5.20. 📣 Market Caution: Note the current volatility, especially as BTC undergoes correction after a massive run. Trade wisely! 📈💡 #KUJI #TradingStrategy #CryptoMarket 🌐📊
Long
by Richtv_official
⚖️💹 NAKA Trading Strategy 🌐📊📊 Current Market Status: NAKA trading in the $1.15 - $1.30 area of major support. 📈 Chart Analysis: Major support zone identified. 🔄 Longing Strategy: 30% Allocation: Long position with 30% of trade funds in the $1.15 - $1.30 support area. 30% at Breakout: Allocate another 30% after the price breaks the descending resistance line from early December. Remaining 40% on Retest: Deploy the remaining 40% on a positive retest of the resistance line. ⚖️ Risk Management: Stop Loss: Set at $1.12. Take Profit Areas: $1.59 and $2. 📣 Conclusion: Strategic longing plan with gradual fund allocation based on key chart patterns. Risk management in place with specified stop loss and take profit levels. Trade wisely! 📈💡 #NAKA #TradingStrategy #CryptoMarket 🌐📊
Long
by Richtv_official
⚙️💹 BONK Trading Strategy 🌐📊📊 Current Market Status: BONK consolidating in a support area at around $0.00001. 📈 Chart Analysis: Tight range between current support and descending resistance line from mid-December. 🔄 Accumulation Strategy: 30% Allocation: Accumulate a long position in the support area. 30% at Breakout: Deploy another 30% at the break of the resistance line. 40% at Retest: Deploy the remaining 40% at a retest of the breakout. ⚖️ Risk Management: Stop Loss: Set at around $0.0000088. Take Profit: Targeted at the next area of resistance, around $0.0000168. 📣 Conclusion: Trading strategy involves strategic accumulation and deployment based on chart patterns. Risk management in place with specified stop loss and take profit levels. Trade wisely! 📈💡 #BONK #TradingStrategy #CryptoMarket 🌐📊
Long
by Richtv_official
WOO: Preparing for Long Entry at Key 1H LevelThe WOO token is currently at a pivotal juncture, showing signs of a potential correction as it approaches a significant level on the 1-hour (1H) chart. This level has elicited a notable reaction, indicating its importance in the market's dynamics. My approach is to closely monitor for a solid entry point, which will be based on the price behavior at this level, along with the general market structure, especially in leading cryptocurrencies. If these factors align positively, I'm considering taking a long position. It's a critical time for traders to watch WOO, as the setup suggests a promising opportunity for a long trade.
Long
by Shved126