Skrumble Network BreakoutThis crypto has broken out with good volumes and Retested in daily candlestick chart, and may rally further. It is a small cap, so this trade is of high risk and due caution is advised.
Risk Reward Ratio - 2:1
SL placed below 200 EMA & Target near ATH.
DYOR.
Cryptotrading
Bitcoin (BTC) headed for $53,000 & $48,666.BINANCE:BTCUSDT
BTC has broken $59,500 which was its previous breakout level, the same level which was later acting as a support.
So clearly after that level broke the next support we see is at $53,000 ($53,013) if u want to be precise. If BTC breaks $53,000, we will be heading to $48,666.
BTCUSD Trading Plan - 18/Nov/2021Hello Traders,
Hope you all are doing good!!
I expect BTC to go UP after this correction is finished.
Look for your BUY setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea
Weekly BTC-USD(15th November)The crypto markets witnessed a profit booking towards the end of last week, with the flagship coin BTC getting dipped by ~4%. BTC managed to close the week in green and closed the week with 3.47% gains and even made a new ATH of $69,000. The sell-off is mostly triggered by the fears of earlier Federal Reserve Interest rate hikes which overshadowed the awaited Taproot upgrade.
BTC started the new week with mild gains of 0.41% and at the time of writing, BTC is trading slightly above $65,500. The past week’s closing of $65,505 is the highest in terms of weekly closing. On the higher side, BTC has strong resistance placed at $67,000 once this level is breached the next potential hurdle is present at $69,000 followed by $71,000.
With the trend going higher, the support levels have been also shifting higher with the nearest support level present at $62,500 followed by the support presented by 50-DEMA which is placed at $59,300.
The overall trend is quite bullish at the moment but on the contrary side, weekly RSI is showing divergence with the price and minor corrections or cooldown periods can be expected on the way up, but these corrections should be considered as buying opportunities.
ETHEREUM / USDT MARKET STRUCTURE PRICE ACTION ANALYSIS This a market structure based price action analysis. As we know currently bull run is going on in CRYPTO UNIVERSE everyone is mostly bullish. But we as trades or investors who are out here should not buy random coins at random price by looking at someone or watching out any meme. So to be a part of this bull run in CRYPTO UNIVERSE it's better be stick to the best coins and find the best entry's possible to gain the maximum profit out of it. So here I am sharing my analysis on ETH/USDT which is purely based on market structure and price action analysis and also includes some smart money concepts.
As this is a trend based trade the maximum return can be gained on trading at long side.
But as we all know no one knows what's markets gonna do. The only thing we can do is managing our risk and position size.
The best entry will be around value entry zone. Everything else is explained in charts.
Hope you enjoy the analysis 👍
- Pranesh Sahoo
BTC Breakout, Retest and Reversal BTC has broken out and Retested in the shorter time frame and reached a reversal in the longer time frame. As we are bullish on the general trend, so we can enter a long trade.
Risk Reward Ratio - 2:1
Target near swing high. SL place below trendlines and support zones.
cardano ada structure buildupAfter the break up and good up move of 7-10 percent
it has started consolidating again between 2.233 to 2.375
look for long don't short as it is creating structures and they might act as support and make the short trade choppy
if incase 2.375 range is broken out and sustained nicely then next zone of trading will be 2.400 to 2.600-2.650
just another trade setup after triangle breakout
DASH Chart Pattern: On the Verge of a Possible Breakout?# KUCOIN:DASHUSDT Dash is consolidating for long after steep correction $273 USD to $ 223 for more than 2.5 months. It even touched the low of $144 USD.
On the daily chart, it has recovered significantly since then. As evident from the above chart, the consolidation seems to be coming to over as symmetrical triangle pattern seems to be completed.
The Rate of Change Indicator on both 9 days, 25 days and 45 days is above zero line which shows that momentum strength has started building up.
William’s Alligator lines is looking to converge smoothly and green candles have crossed this convergence of three lines. There is a good possibility that Alligator may wake up and open its mouth, which is a possible signal of price rise.
And most importantly, the Hurst Time Cycle line ( as shown by the white perpendicular line) has also fallen exactly at the place where three seems to be converging exactly at the same place signifying that time has come for a possible breakout.
So, on the Dash Chart, the platform is set and you should be looking for it.
On the hourly chart, #Dash has already given a solid breakout as evident from the chart.
Weekly BTC-USD(8th November)BTC continued its bullish momentum for the third straight week. After consolidating in the range of $60K to $64K in the previous weeks, it has given a fresh breakout and at the time of writing, it is trading around its ATH of $66K. BTC formed a bullish hammer kind of weekly candlestick pattern which depicts that bulls are going to dominate the charts in the coming weeks. The combined crypto market cap reached a new milestone by surpassing the $3 Trillion mark.
On the daily TF, after a brief consolidation for more than 14 days, BTC has given a fresh breakout and is currently trading very close to its ATH. On the higher side, the immediate hurdle is present at $67K. If we get a decisive breakout from this level, the next potential target would be 69.5K followed by 71.5K.
On the lower side, BTC continues to sustain above the level of $60K as none of the last 5 weekly candles hasn’t closed below this level which depicts that strong buying strength is present in this range. The nearest support is placed at $62.5K followed by the crucial level of $60K.
Weekly RSI is showing slight divergence with the price and is around its overbought zone of 70 which depicts that small corrections and cooldown periods can be expected on the way up. Majorly, the overall trend is positive and the small corrections can be a good opportunity to take new long positions.
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✅ Technical analysis
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⚠️ Save to watch list and cheak the triger area before you take the risk ( volume its very important)
⚠️control yours Risk management
🙏it's only my idea and its not for Recommendation for any action
🔞INSTA #max_gelmel THANKS TO MY FOLLOWERS ;)
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The Triger so soon for DOT COIN + technical analysis 💲💲💲My Triger For SOL COIN !!
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✅ HL Buyers whit RSI
⚠️ Save to watch list and cheak the triger area before you take the risk ( volume its very important)
⚠️control yours Risk management
🙏it's only my idea and its not for Recommendation for any action
🔞INSTA #max_gelmel
The Triger so soon for SOL COIN + technical analysis 💲💲💲My Triger For SOL COIN !!
✅ Technical analysis
✅ up trend
✅ Triger area
✅ Target whit yours Risk management
✅ Stop Lose area
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✅ Broke Resistance
✅ Strong Buyers whit RSI
⚠️ Save to watch list and cheak the triger area before you take the risk ( volume its very important)
⚠️control yours Risk management
🙏it's only my idea and its not for Recommendation for any action
🔞INSTA #max_gelmel
My triger for DOGE coin + technical analysis 💲💲💲✅ Technical analysis
✅ Triger area
✅2 target
⚠️ Save to watch list and cheak the triger area before you take the risk ( volume its very important)
⚠️control yours Risk management
🙏it's only my idea and its not for Recommendation for any action
🔞INSTA #max_gelmel
VET Important Levels VET/USDT important levels.
Support and Resistance zones
I'm a student, not qualified enough to give financial advice. Trade at your own risk.
Weekly BTC-USD(1 November)Bitcoin closed the October month on positive sentiment, it appreciated by ~40% and formed a strong bullish monthly candle with a new ATH of $66,999. However, on the weekly TF, BTC has been trading in a sideways trend in the range of $58K to $64K from the last three weeks. The overall structure is still looking positive and further buying strength is most likely to continue in the coming weeks, but small corrections or cooldown periods will continue to emerge as we move to the higher unchartered territories.
The recent rally is supported by institutional buying and not only by retail users and this can be seen by the fact that there is no major dump in the prices after making a new ATH. On the lower side, the nearest support is present at $59K followed by the major support at $55K.
As per the Elliott Wave formation, it seems BTC has already completed its third wave and is now on its way to complete 4th correction move, but the way it is sustaining above $60K, it seems bulls are in no mood to close the weekly candle below $60K which give quite a bullish outlook moving forward. On the higher side, the immediate resistance is present at $64K, once we have a decisive closing above this level, the next potential target would be $66K followed by $68.5K.
AI/USDT - Long PositionAfter breaking trend line resistance. Currently it's hovering in local resistance area. Once it breaks you can go long for a nice profit.
Always do you own research before investing!