Long term we are bullish for avax, we do expect higher prices of minimum $60. Having said that, this can happen in a number of ways, and we have a plan for all of them. We currently own avax after buying at $16 and again at $23 after the breakout we collected some profits at $40 and the rest we are keeping for the next tp at $60 and lastly $100. For now avax is...
A failed dragon turned into a beautiful falling 3 drives pattern with bullish divergence all happening at a long respected demand line. Easy trade to size up risk on, again never know what will happen. Unfortunately this is one again that we took and posted in the community two weeks ago. It would be equitable now if you played it to the high or third target.
We posted a doge trade over a month ago which is linked below. In the community we had some comments about the trade failing and it gave us the opportunity to bring up the most important thing about our strategy - When you take a trade at a key level of significance, if that trade fails the asset should go to the next key level and another opportunity arises ...
Filecoin is not a coin I would look at as a long term investment - as for most altcoins. However, we trade technicals strictly, and this coin has everything you would want it to have for a long position. We are at the bottom of a range from 2018 lows where we sprung above a historical resistance after putting in a first low, completing the retest with a bullish...
Spring and backtest of key historical support completing a bullish harmonic with a type two return and bullish divergence. Nothing more to ask. This one is priced too high for an entry right now so we wait for some pa to unfold and hopefully a retrace to backtest the local support.
An inverse head and shoulders breaking above the 260$ resistance. We are most likely going to 300 and then 330-340. There is also a massive amount of bullish divergence on the MaCD. The stoploss is strategically placed below the neckline and key support level.
After a long consolidation, XYO has backtested a key level of significance as support after springing above it. The level's importance is shown below: Don't be surprised by the potential gains, it is not my opinion it is just what the charts have shown us over time, if XYO stays above this level our next hard target is 15c, which is over 150% profit.
We entered this trade in the community over a week ago. We are sharing this now because a break above the 40c level would give an opportunity for a second entry at a backtest of this level. I'd simply add it to my watchlist and have a notification set for a breakout, if a backtest happens you can take a long there. We will post a backtest trade if there is a...
I'm not someone that believes that when the markets pump the dxy has to dump and vice versa. However, it is undeniable and pretty logical that there is some correllation. In this case the markets have been extremely bullish for a year straight with no significant pullbacks, and the dxy incredibly bearish with only one minor retracement. It is now at a key...
Original entry Trade set up: - Adam and eve double bottom at the pcz of a harmonic - noted not a formal one but still a great shape and perfect 886. - Massive bullish divergence at the adam and eve bottom. - Clear rounding suggesting vast accumulation. Uniswap has been one of our favourite picks in the community, it just trades really well. We have been holding...
NIO hit the first TP of our trade set up and then violently reversed. We had a SL at 6.99 that got triggered and we took a loss for the rest of the position. Although we took a loss, we can see how well our levels were respected, and why a SL at 6.99 was key. As soon as we fell below 6.99 we proceeded to fall another +10%, and now we sit at 6.34. There is no...
OXY is defending a major support once again after completing a bullish shark 2 months ago. We are bullish on US Oil already and these stocks are looking ready also. Bullish convergence at a major support level with a completed type 2 Bullish Shark.
GMT has completed a type two bullish gartley above a key inflection point. Target is the .618 and then the 1.618 which lines up with the next major resistance. Looking amazing above this level, we are long.
Filcoin additional long as we have been bullish on it since a few months ago. Minimum risk maximum upside - Dragon - Key support level - Bullish Divergence
LSE:ONE has completed a bullish bat and sprung above the prior resistance, which is a historical key level, it is now testing that resistance as support. It is possible that we go back down to the pcz of the harmonic to complete a type two return, hence why the stoploss is below that pcz. Having said that we are in an actionable area now so we plan to monitor it...
SRM is showing a great amount of accumulation and if this level holds then we should see significantly higher prices. Whoever is buying this should look to accumulate at this level for the next few days/weeks, when resolution comes and the accumulation period is finished then this asset could really explode. Having said that, it is a previous FTX token that...
PYTH completed a type 2 return at a 0.886. Not the most formal harmonic but this has all that you look for when trading these patterns. Local level acting as support on the type two, clear exit points. Good luck.
Etsy is backtesting a massive historical level after springing above it following a false breakdown. The false breakdown also completed a bullish shark at the 886 on the weekly. Full pattern and targets shown below.