TipsOfPips
I think coinbase has a good chance if still heading a bit lower down to 220. The move down today so far so been very swift after a breakout yesterday which is indicative of a false break. There are however mixed signals as other miners look ok. However CLSK also has this bearish look to it so I think further downside is more likely before the market continues higher.
Here really marks I believe an exceptional opportunity. It is a 1:2700R trade. Will take 5-10 years to play out though - so while this looks like an exceptional risk to reward it is deceiving due to the time value of money. For example 2x 1:1000R trades is far greater for profitability than 1x 1:2700R trade. None the less 2700% return is an exceptional...
It does seem like that is a bear flag formation and that we are in wave C corrective. There is also a line of stop losses which looks like a plausible reason for the market to run through those stop losses under each low. The market has also failed to break above resistance so far and it would therefore be risky going long now as we are in the middle of a range...
Absci Corporation I’m liking the look of this setup. Clear range broken at the lows and then the market perfectly retested the break away block. I’m expecting a move up to 12.6 minimum. The risk to reward ratio is 1:9.4 The probability of success is 40% Overall I rate this setup 7/10
I wouldn’t be going long on Tesla at the moment. Best to wait and see if we get an ABC correction sequence down to the next support level a shown. If we do I see this as a great opportunity to go long.
If Bitfarms closes below 1.37 on a weekly candle it would be a major sign that Bitcoin has peaked. I don’t think this is likely but I do think this will be the final chance to go long on Bitfarms as this is a major support level between 1.37 and 1.75. The opportunity is a 1:17.5R trade. Trade quality: Chance of success 70% (assuming market moves into the zone...
Expecting a move up to $7-10 over the next few months - perhaps finishing this year between June - September. Then I expect a recession and for Copper to decline and retest the previous all time highs in the $4 - 5 range.
Bull market in metals underway. Wave 1 was 2020 to 2021/2. Wave 2 was 2022-2025 I think wave 3 has started which should be at minimum a move to the all time highs. +610%. Do you really want to be in tech right now? Or be sensible and pick a market very likely starting wave 3 of a bull market.
Expecting a +400% move up on TAKOF. Risk to reward is >1:16 Probability of success 50% Overall trade rating 7.5/10
Swing Trade on GBPAUD This could take months to play out. I do consider this a very high probability trade if the price action moves into the zone as shown. Chance of success: 8/10 Risk to reward: 7/10 Overall rating: 7.5/10 This opportunity will likely have far greater risk to reward opportunities on the lower time frame as the market develops. It will...
EURNZD came down into significant support and has now broken the downward sloping trendline. Expecting a continuation higher of the higher time frame trend. Probability: 5/10 Risk to reward: 7:10 Overall rating: 6/10
On the daily timeframe LINK has made a very clear bullish channel formation. Since finishing the formation is has shown some strength and has reconsolidated above 4H support. Good chance this is ready to continue higher. Bitcoin also shows similar bullish structure on the 4H. Chance of success: 3/10 Risk to reward: 9/10 Trade rating: 6/10
High probability trade idea. I think there is a strong chance AMD is ready / almost ready for another major move up. Stop loss is fairly wide on this one so the risk to reward ratio isn’t amazing, but I think the probability of the trade being successful makes up for that. Trade rating 7.5/10 Probability 9/10 Risk to reward 6/10
Since June 2023 it’s been in a consolidation. It broke that consolidation in Nov 2024. It has just retested the break of the consolidation at support with a clear wedge pattern and I now expecting continuation higher. It is a 1:9.45R trade with >121% upside. I give this trading opportunity a 7/10 rating: 8/10 for probability of being successful. 6/10 for risk...
8R Long. 50% chance of success, but the trade entry must occur by the 23rd of Feb for it to be valid.
Clear bear flag pattern on the higher time frame. Daily structure is bearish. Expecting a continuation of bearish price action at the supply zone. High probability trade 50% chance of success.
FOMC coming soon so expect volatility. As an opportunity to go small risk there is wedge pattern developing into support now. I have widened the stop loss a bit to account for the liklihood of increased volatility. 30% chance of success.
Bull flag on ASM after breakout of consolidation pattern. 1:31 Risk to Reward ratio. Targeting $4 Probably coincides with $50 Silver