MBCryptocurrency

MBCryptocurrency

My strategy is with Volume, Fib and price action to find the area to trade, either scalp or swing trades. both assigned area are strong to trade with min 1 R/R. Make sure you consider how strong the trend is before opening the trade when price hit the area of interest. here is the 1hr TF for the long position.

MBCryptocurrency

long position here using Supply and demand zone and ATR

MBCryptocurrency

Hi guys, In this post I am going to point out the area of interests to trade on CADJPY. The closest and the first trade is the buy with 5 pips SL and 10 pips TP, downtrend is getting weak and long position seems optimal. I personally exit half of the position on 10 Pip and Trailing Stop below higher low in 1 min TF until 20 pips tp exit completely. In the chart...

MBCryptocurrency

first position is Long, but in case it hit SL, instantly open a short position at the same opening price. Downtrend is strong so open with minimal risk you can tolerate.

MBCryptocurrency Updated 

Using Fib retracement on smaller and bigger waves shows the red box is an interest for sellers to get into the trade. Using a Fib Extension, it points this area as a strong sell. Also, there is Daily order block here that Volume supports this area for a short position.

MBCryptocurrency

There is an order block in this area that matches with Fib 0.236 and a Fib retracement. Also There is Low Volume Node (LVN) that would give a possible shadow to this area for a good R/R position. If you look at the RSI, there is a good chance we could see a divergence. This R/R is my first TP and Second Tp is at 0.04725.

MBCryptocurrency

Hi guys, As you can see ARPA is in a strong down trend on 1hr and 4hr time frame so short positions are more favorable. The zone I have pointed is based on using Fib extension, price action and volume where price action shows a strong support or resistance level, and volume is high in regards to illustrate interest of traders in those areas. There is an area of...

MBCryptocurrency

Hi guys, The reason behind this analysis is market psychology and price action. When the price was falling towards the line, traders expected to support this level and price broke this level with a strong downtrend. Then there are bears who were thinking now we have a breakout from this level, this is going to play out as a strong supply zone to open short...

MBCryptocurrency

Hi guys, in this analysis I have used session volume, price action, Fib and my own indicator (using CCI and RSI) which you can use it for free and 320 people already using it. //possible supply zone As you can see, clearly the trend is downward and sell positions are more preferable. I have pointed out a line that could be considered to open a sell position...

MBCryptocurrency

Based on the analysis of the 15-minute time frame, an identified demand zone, supported by volume, favorable price action, and Fib 0.382 level , suggests a potential short-term buying opportunity; however, please note that this is not financial advice. The Higher time frame is still showing the strength of seller so you have to open this trade with confirmation,...

MBCryptocurrency

Here is the important level for your trading in Arweave. As you can see in the picture, Arweave had a false breakout and that usually means the price will be pushed all the way up the the downtrend we have, but in between there are some scalp trade we can make. The green area is a 5 min demand zone which if the price continue going up without touching it, I...

MBCryptocurrency

Hey guys, here is 3 scenario that can happen for ARPA if you are looking to open a position. You have to consider that this pump could be related to release of their Random number generators (RNG) Randcast and you have to be careful not news can pump the price even more. But for sake of this post, I purely keep it focused on Technical Analsysis. 1/ Price goes up...

MBCryptocurrency

This is a good possible Sell zone for ARBUSDT. The level was a level of price action and volume support this area to work as a supply zone. ==================== Nothing in this TA is a financial advice.

MBCryptocurrency

Hey guys, I use Price action and Volume in order to find the Supply and Demand zone, then I get confirmation to open a trade with either RSI divergence or candle sticks in lower timeframe. When price enters the box, consider how strong is the trend before opening the positions The Take Profits are subject to change as I need to see the last wave before it...

MBCryptocurrency

I ll make explanation very brief. Uptrend is getting weak. Open interest has increased in past 3-4 hrs and we have consolidations while volume does not support the uptrend. consider money and risk management. ==================== Nothing in this TA is a financial advice.

MBCryptocurrency

Hey guys, There are several reason why I am shorting MANA here. First because of the price action, this is a supply zone and I see the reaction of the price to this level. Despite the fact the bullish trend is strong, the sellers usually get into the market and take profit. Even if the Bullish trend suppose to continue, we need some correction and I am going to...

MBCryptocurrency

Hi guys, I use Price action and Volume in order to find the Supply and Demand zone, then I get confirmation to open a trade with either RSI divergence or candle sticks in lower timeframe. The Take Profits are subject to change as I need to see the last wave before it touches the designed areas to trade. I'll update when I open a...

MBCryptocurrency

Hi guys, I use Price action and Volume in order to find the Supply and Demand zone, then I get confirmation to open a trade with either RSI divergence or candle sticks in lower timeframe. The Take Profits are subject to change as I need to see the last wave before it touches the designed areas to trade. I ll update when I open a...