GBPUSD SELL TRADE!!!!!!This is my trade win or lose there is always a lesson
Don't scold me if it's wrong
One trade is random result but consistently taking will give you a definite result.
Learn to analyse by yourself
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BTCUSD - BITCOIN AT MAKE OR BREAK LEVELS ?Symbol - BTCUSD
Bitcoin has climbed higher in recent months on enthusiasm and demand generated by the nearly dozen spot bitcoin ETFs that were approved in January, as well as crypto's next 'halving' event and the prospect of Fed rate cuts this year.
But Fed rate cut expectations have been dialed back significantly amid hotter-than-expected inflation prints, which means central bankers look poised to keep rates higher for longer to fight inflation. Markets are now pricing in the fact that the Fed will only cut rates two times or less this year (as of now), according to the CME FedWatch tool.
BTCUSD CMP - 62,000
Bitcoin is currently trading & consolidating in a wide range of 61,000 - 72,000 levels.
Currently bitcoin is trading at lower range of this channel which is around 61,000-62,000 level.
60,000 is make or break level of Bitcoin as of now.
Bitcoin has to sustain above 60,000 - 61,000 for any further up move. On breakdown of these levels, We may see bitcoin coming back to 52,000 - 50,000 levels.
On sustaining 60,000 - 62,000 levels and moving up, we may see Bitcoin moving up to 85,000 and even 1,00,000.
For me, Sustaining and moving up/breakout scenerio is likely. So I'm taking positional long positions in BTCUSD at CMP 62,000 with SL below 60,000.
Incase BTCUSD breaking below 60,000 sustaining & closing below it. I'll close my long position & then I'll look to short it with SL above 62,000.
Till the time 65420 is support look for 70000Till the time 65420 is support look for 70000.
RSI is above 50 also showing bullishness, Macd is also showing bullishness.
We can see 66500 and 67500 and 68500 70000.
Plan Accordingly, Happy trading. 😉😉
C98/USDT - Potential Correction within a Bearish Context ?Currently, the C98/USDT pair is displaying some intriguing dynamics that warrant attention.
Resistance Area - 0.1962 to 0.2000:
The price of C98/USDT has been contending with a notable resistance zone, ranging from 0.1962 to 0.2000. This area has historically proven to be a pivotal juncture, where the bulls and bears engage in a battle for control.
Traders and investors should closely monitor price movements in this range, as a breakout above it could signal a potential uptrend, while a failure to breach it might indicate prolonged consolidation or even a reversal.
Anticipated Correction - 0.1635 to 0.1600:
With the price currently hovering near resistance, a retracement to the support zone of 0.1635 to 0.1600 seems plausible.
Such corrections are not uncommon after prolonged bullish moves, as they offer an opportunity for the market to recalibrate and regain momentum.
**Bearish Inside Bar Formation - 9-Hour Timeframe:**
Delving into the finer details, the 9-hour timeframe reveals a noteworthy development - the emergence of a bearish inside bar pattern. This pattern forms when the high and low of the current candle fall within the high and low of the previous candle.
In conclusion, the C98/USDT pair is at a critical juncture, with the resistance area of 0.1962 to 0.2000 acting as a focal point. A correction towards the support zone of 0.1635 to 0.1600 could provide an opportunity for traders to enter or add to their positions. The emergence of a bearish inside bar pattern on the 9-hour timeframe adds another layer of caution, urging traders to exercise prudence.
It's advisable to stay updated and keep an eye on the evolving price action to make well-informed trading decisions.
Rounding Top Pattern formation on $BTC (4hr) The rounded top formation on BTC/USDT 4hr chart is showing the potential end of a previous uptrend.
- Showing that it has already reached the maximum price. (01 Feb.)
- And that the possibilities are now in favour of a downward price movement. (02 Feb.)
In technical analysis , the rounded top is a negative chart pattern . When a chart develops a top, which occurs when price curves rise and then fall in price, it generates this pattern. The right side of the curve will make higher highs on the left side until the top price arrives (1st February), at which point the curve will fall to the downside, making lower price highs on the right side of the top.
Crpto btcusdIn next 2-3 days we will get a great long trade in btcusd . Its formed a inverted head & shoulder on 1 hour time frame . Wait for level and than take entry and i marks levels as well for reference. Don’t think its a advise or any direction it’s purely for education purpose.
Long XRPUSD 15 MIN Flag pattern. 15Min.
Taken long position.
Flag pattern formation.
SL to be maintained strictly.
For Education purposes only.
Please feel free to share your opinions.
LONG ADAADA will give a breakout as soon as possible.
Keep accumulating below 2.05 best entry level for a swing target of 3$
levels mentioned in chart !!
BTC USD PRICE ACTION ANALYSIS. This is a weekly chart analysis of BTC. Yesterday in a sudden crash, BTC has broken the support trendline. But the confirmation for the downtrend will be the price breaking below the 41k level.
Until it breaks below the 41k, BTC may be in consolidation. If the price manages to bounce off the 41k mark after reaching it for support, add quantity in a long position.
If the fall continues, then go long at the demand zone. The target and stop-loss levels are mentioned on the chart.
Happy trading :)
This is just for educational purposes.
ETHEREUM TAKING SUPPORT ON THESE LEVELS BOUNCE BACK IS POSSIBLE Ethereum is taking a good support and forming a spinning top kind of candle on daily charts reversal is quite possible
Ethereum Short ChanceIf ethereum enters the range that i mentioned and if it moved below the line that due to formation of Head & Shoulder pattern it will give you an approximate dip of around 200 dollars. And you can either short sell or you can either buy at the dip.
We are moving towards $30600 | See Price predictions So as previously told 28 target was confirmed by me.
Here the following Price prediction for the market as of now.
You Buy opportunity is at $27900 approx. (Basically buy under 28k)
And the see opportunity is at $30600 approx. (Sell above 30k)
ETHUSDT (ascending triangle breakout)ascending triangle breakout : now you can enter for long , stop loss below the support line.
There is a trading opportunity to buy in AEETHTechnical analysis:
. Aeternity/Ethereum is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 46.
. The RSI downtrend and the price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.004840 to 0.004500). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.004840)
Ending of entry zone (0.004500)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.005400
TP2= @ 0.005570
TP3= @ 0.006160
TP4= @ 0.007000
TP5= @ 0.008070
TP6= @ 0.008680
TP7= Free
There is a possibility for the beginning of an uptrend in NEOUSDTechnical analysis:
. NEO/DOLLAR is in a downtrend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 36.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (15.755 to 9.832). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (15.755)
Ending of entry zone (9.832)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 20.825
TP2= @ 26.771
TP3= @ 34.730
TP4= @ 41.500
TP5= @ 47.850
TP6= @ 57.858
TP7= @ 85.152
TP8= @ 107.212
TP9= @ 140.500
TP10= @ 160.667
TP11= @ 200.60
TP12= Free
There is a trading opportunity to buy in IOSTBTCTechnical analysis:
. IOStoken/BITCOIN is in a downtrend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 31.
. While the price downtrend in the Daily chart and the RSI (#1) is not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00000315 to 0.00000294). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00000315)
Ending of entry zone (0.00000294)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00000356
TP2= @ 0.00000374
TP3= @ 0.00000402
TP4= @ 0.00000421
TP5= @ 0.00000486
TP6= @ 0.00000592
TP7= @ 0.00000764
TP8= Free
