Hi traders! Here is an educational post for a trading setup that works on all time-frames (works really well!). The two methods you can trade this setup is: 1. Before a breakout: Once you have at least 3 points (support and resistance) levels marked, you may enter a long trade and have the stop loss placed on the first support marked. So for the case above,...
Hi! Here is an update on Ripple trading idea. Previous idea: 1. Wait for a breakout: reward 70% - risk 20% 2. Enter before a breakout: reward 130% - risk 30% *This is not a trading signal Good luck - Abdulla
Hi traders! Here is a trading idea on Ripple. Please note that targets are ONLY valid if we get a breakout. Of course, if you want to increase your risk/reward ratio, you can enter now with a stop loss at $0.5 So here is an example of two trading strategies that could be used: 1. Wait for a breakout: reward 70% - risk 20% 2. Enter before a breakout: ...
Hello traders! I've been keeping a close eye on Bitcoin for the past few days to see if it was giving any signs for a bullish move. As of now, I don't see any significant signs, but the volume and weekly candle looks good as a starting point. Below is a list of indicators that will help you identify a trend change. 1. Higher highs, Higher lowers - Current...
Hi traders, Finally Ripple has reached the support area of the trading range where we have highlighted a great entry zone in the previous idea I posted. First target: $1.15 Good luck! Abdulla
Hello! There isn't much to say about Bitcoin as a lot of traders are waiting for the next move. The good news is that BTC is holding its support area and tested it for the past few days, therefore, all we need is a breakout from $11,900 to take us to $12,700.
Hi traders! Here is a slight update on Bitcoin and the next expected move (after a valid breakout). As I have mentioned in my previous post, we require closing above $11,900 for Bitcoin to reach $12,700. Previous idea: Let see how the price action develops in the coming hours. - Abdulla
Hi traders! It's been so long I haven't posted an educational post on Trading View... so I thought of posting a simple educational material that could be explained easily. The symmetrical triangle is one of the most commonly used patterns in trading and could be hugely profitable if used correctly. So what is a "symmetrical triangle"? The symmetrical triangle...
Hi traders! Here is a small update on Bitcoin Cash, there isn't much to explain as everything is clear on the chart. Once we get a breakout from the trading range, I'll post an update on the idea. For now, keep calm :)! Best of luck, Abdulla.
Hello! Here is a clean chart showing the targets for ETH once we get a breakout from the current pattern (triangle). The first target is based on all-time highs, where the coin started its correction. The second target was identified based on 1.618% fibo ratio. Have a great day and good luck! - Abdulla
Hi traders! Hope everyone is enjoying the bull run that is currently happening with all major coins. Here is an update on Litecoin price analysis and its next short-term target. If Litecoin closes above $215 (3 confirmation candles on 4-hour chart), then I'll post a new idea (as a potential strong trend is headed). Regards, Abdulla
Hi traders! Here is an update on Ripple and what exactly it's doing. As mentioned in the chart we will not see any major price movement (trend) unless we get a breakout (up or down) from the trading range. Ripple could be headed to test the support again (around $0.9) before a bounce to the upside, which will be a great entry point for long holders. I'll keep...
Hi traders, I hope you had a great week! Here is a slight update on my overview of the market and where we are headed next. I could see finially that the market is maturing and each coin is establishing its way (as they always did) before the correction. First, I firmly believe that the current correction was influenced by Ripple after the coin corrected more...
Hi traders, So as you have seen, the majority of the leading coins are heading for a nice bounce. Bitcoin Cash is following the same trend and currently targetting $2,800! Good luck - Abdulla
Hi traders, as you can see Bitcoin has formed an inverted head and shoulder pattern. Target $14,000. Good luck - Abdulla
Hello! Similar to Bitcoin idea, Litecoin has formed a similar inverted H&S pattern with a target of $260. Good luck, Abdulla
Hello traders! Here is an update on Ripple's trading idea and the next expected move once we get a breakout from the current trading range. Good luck! - Abdulla
Hi traders, I see a nice bullish ave that will head us to $2. Here is my previous idea (that was canceled and reactivated once we had the requirements) Good luck - Abdulla