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Trend-analysis

Kin 2021 end of year $0.06 price targetAccording to an article published by Marius Kramer on February 28th, 2021 titled; Whitch crypto currency will make you rich 2021/2022?, Marius makes a seriously bold price prediction that is very bullish. I am using the Schiff Pitchfork to show the possible direction we could see Kin take with this information. Kin is now on the Solana Blockchanin and also getting on a few new exchanges like FTX.com and dex.projectserum.com which support the new solana migration Kin token.
HITBTC:KINUSDLong
by altcoinb
17
How to read a Chart - Part II: Perspectives on Price IWhat to look for Introduction As my previous post made unexpected waves within the community, I suppose you might be disappointed by this one, but you should still take your time reading this article and take some time thinking about it. Moreover, you might wonder, why the first article has been about volume instead of price or the chart itself and now it seems like we’re taking a step back. To come straight to the point, volume is playing a decisive role in the feasibility of reading a chart. Price is secondary, hence it is more important to know how price and therefore structure is built by trading activity. The Cute and the Ugly I During my trading education at a hedge fund, we held daily sessions to present trading ideas and charts. The aim was simple: taking screen time, understanding price (action) and getting used to what to look for from a blatant technical perspective. Only when we found what we were looking for, we dove into further research (which will not be covered in this article). By looking at the hourly and daily chart of the Zoom Inc. I am exemplifying “beauty” and “readability” by comparing the data feeds of two stock exchanges: the Bolsa Mexicana de Valores (BMV) and the Chicago Board Options Exchange (BZX, former BATS). As the dailies might only differ slightly, there are quite a few visible fissures. Those are getting even more evident if viewed on a lower time frame like the hourly. The chart from the BMV stock exchange is riddled, perforated, and a riddle per se consisting of gaps, flat and overly large candles than on anything providing clear and straightforward information. Long story short, you should always use the data from the stock exchange with the most traded volume, in general - not always - this ought to be the main stock exchange of the company’s country. For assets like commodities, ForEx and similar, you should look at the futures’ charts whenever possible, even - or especially - if you’re trading CFDs. The Cute and the Ugly II So now that you know which stock exchange to use the data from, how to choose a stock on a mere glance, rapidly, hundreds of stocks a day by manual screening? To point this out, we’re having a look at the chart of the GameStop Corp. Even though this stock was on everybody’s lips, the wicks and tails, the gaps, the (non-)existing patterns and the price action having formed this asset into a biest; no hedge fund, no prop trading company neither a bank would take the risk on picking up positions, at least not on a short or mid term basis, not based on technical analysis. In contrast to this, liquidity - and thus volume - is playing a key role in building price and structure and consequent to this enhancing readability as you’re seeing in the chart of Crude Oil futures below. What we've found Now, you should slowly be able to see a chart and the price through the eyes of big investor, although you aren't one. Big companies are not taking bets, not trading pink sheets for half a quarter cent; they are stacking the odds in their favor by trying to avoid the unpredictable. After reading this article, what would you prefer? Making a small amount on a day-to-day basis or waiting years after years for the one chance to be rich in one shot? As a colleague of mine once stated: As traders, we're positioning ourselves to make money continuously to then catch a bigger move. ___ Note: As I’m writing a book about reading a chart, I am going to post a couple of short articles on this topic and others related to it, e.g. trend, volume, Dow theory, auction theory and behaviorism. If you are spotting some errors or if you like to add something, feel free to comment or pm. Cheers, Constantine - p.s.: This article is not intended as any kind of trading advice. I didn’t expect that my previous article made that much waves. Thanks to all for reading and I hope it will help you in your analysis and your trading career. Thank you all for the interest in my book and to answer your questions: there is no release date yet as it is still a work in progress and it will be an educational novel.
CME:BTC1!Education
by constantine_trading
26
Acropolis - Upward trend. AKRO/USDTMore trading reviews and trading on my channel. Link in profile header Hello dear friends. Acropolis under consideration. 1 candle - 1D TF. Has been recruited by a major player for over 76 days. An exit from the accumulation zone took place and provoked an impulse upward movement. At the moment, the coin is consolidating in a whip, tapering wedge. Follow the trend and the levels that are shown on the chart. You don't need to invent anything. Since the coin is pump / dump. The exit from the wedge will show the way - whether the uptrend will continue or not. This Channel is not financial advise, It's My opinion and My observation: @opptrade ❗️❗️❗️Disclamer:❗️❗️❗️ Dear friends, traders. My trading ideas here are not financial advice or coercion into action. I am not responsible for your trading and how you follow all aspects of correct trading. - I do not recommend that you trade AT ALL if you do not know what risk management is, money management. - I do not recommend that you trade without a STOP LOSS. - And I'm not responsible for your "make millions of dollars fast" gag - I am only showing you the charts that suit me for certain positions. - For each position - RESPONSIBILITY LIES ON YOU. If you don't use all of the above, your deposit will soon become $ 0 - Therefore, if you decide to follow my positions - Take responsibility for where the bad outcome may be. In time, i to bee wrong too, and have a loss. But with the correct observance of the indicated points, which trade with me others traders - they earn (NOT IN A DAY, but in the medium, long term) I am only showing you how this or that scenario can work in trading. For all your actions, only you are responsible. 💠💠💠I am not a scammer and I am concerned about your trade.💠💠💠
ALong
by UnknownUnicorn13204076
1
Dogecoin/USDT - TO THE MOON (Privat idea) 3 Targets. DOGE/USDTWhy invent and complicate life when indicators, candles, patterns and market sentiment will do everything for you. Don't buy when the price goes up, buy a trade when everything falls and the price stops. Watch the levels. Congratulations to all my traders who trade with me from tradingview on private trading ideas. 3 targets - we have reached. 160% Stop loss at breakeven. Last target, save for stronger momentum. XRP is the same
Long
by UnknownUnicorn13204076
BTC/USD RSI & Trend AnalysisHi everyone. I see a couple of wedges on the 4 hourly chart as well as on the RSI. If BTC breaks above the trend line we're definitely going higher. I've taken profit around 39K and I'm now waiting to see which way we are going to go. If we break below I will re-enter near 27K-25K. This is also a Fibonacci area. Fundamentals are still in place. Large corporations and funds are still buying large numbers of BTC and the market is still driven by a lack of demand. The moment you consider the total amount of USD or EUR in circulation and compare it as such to BTC...
BITSTAMP:BTCUSD
by DaanDeR
Wedge breakdown - Where will the bitcoin price go? BTC/USDTWhere will the bitcoin price go? I open a new position #short, second short position (first 28900 - Big targets, big position.) Second - now sale from 29450 Target: 28750 - 28460 - 27855 - 26995 Stop loss at 2 positions: 30050 For those who do not want to invent anything and do not know where the price will go: You have 2 rectangles (red) The price going beyond these values ​​will show you the way. Only trading on volume, impulse breakout, and creaking above / below this level by 4h TF. Bitcoin price margin 2153 pips
Short
by UnknownUnicorn13204076
2
If UNI brakes Out Of Descending Triangle Hey guys welcome for a fresh crypto update -------------------------------------------------------- A request from all of you to please like and follow our Hard work to keep encouraging us, there's no fee for likes and followings :) -------------------------------------------------------- As you can see in this chart Uni can brake out of a descending channel towards the upside. A good trade opportunity. UNI looks good for a buying opportunity under 3.75$-3.72$ expecting another rally towards 5.1$-5.3$ zone, however 3.36$ will the best stop in case things goes wrong. There's Good RR 2 -------------------------------------------------------- Thanks for reading... -------------------------------------------------------- this is Husain Zabir, signing out Thankyou...
by Husain_Arkghazi
6
AUDCAD waiting for the sell setup to formHello everyone, if you like the idea, do not forget to support with a like and follow. on DAILY: AUDCAD is sitting around strong resistance in blue so we will be looking for sell setups on lower timeframes. on H1: AUDCAD formed a channel in red so we are waiting for a new swing to form around it to consider it our trigger swing. Trigger: Waiting for a momentum candle close below the gray area to sell. and until the sell is activated, this one would be overall bullish and can still dive inside the blue zone. As price approaches our lower green support, we will be looking for buy setups. Good luck!
Short
by TheSignalyst
15