Ripple Bull Market Chart Analysis#XRP High Timeframe Analysis
🔹 Current Setup: CRYPTOCAP:XRP
is consolidating within a symmetrical triangle formation on the higher timeframe, with the 200 EMA slope remaining neutral, signaling potential continued range-bound movement.
🔹 Key Observations:
- Price has tested the support level multiple times without a definitive breakdown, hinting at a possible bullish breakout.
- A strong breakout above the pattern resistance, with a confirmed candle close above $0.6639, would signal bullish momentum, opening a pathway toward $1.4065 as the primary resistance/target level.
🔹 Trade Setup:
- Long Position: Await a candle close above $0.6639 to confirm bullish continuation.
- Invalidation: If the price breaches the support and closes below $0.4302, this setup will be invalidated.
Ripple
$XRP is showing signs of preparing for a breakout.Ripple isn't just targeting $2.0; it's also setting its sights on a new all-time high in this bullish market.
• 2 years of accumulation
• Utilized by major financial institutions
• Rapid & cost-effective
It's high time for CRYPTOCAP:XRP to awaken and ascend to new heights!
XRP/USDT RIPPLE Ready for $10 in bull market ?#XRP/USDT Bull Market Technical Analysis:
➡️ Last bull #XRP seriously underperformed while stuck fighting the #SEC
➡️ BTC hit new highs while XRP failed to pass 2017's $3.30 ATH
But with the SEC case now won - the floodgates may finally BE OPEN!
➡️ Similar triangle breakdown to 2017 is FORMING!
➡️ If 2017's 40,000% pump repeats - we could see mind-blowing $10+ XRP!
➡️ Survived 2,291 (6+ Years) brutal bear days - this coiling pattern signals Ripple's ready to ERUPT!
My Accumulation Zone: $0.40 - $0.50
Targets: $0.90/$1.95/$4/$7/$10+( bonus )
If you believe in parabolas, triangles, and cycles - CRYPTOCAP:XRP may be on the launching pad again here!!
XRPUSDT Trade idea - Support and ResistanceRipple XRPUSDT Trade idea and support and resistance zone.
XRPUSDT is trading at 0.6836
XRPUSDT Support
Support Zone 1 - 0.5626
Support Zone 2 - 0.4800
XRPUSDT Resistance
Resistance Zone 1 - 0.7900
Resistance Zone 2 - 0.8293
One can start accumulating 30- 40% at Support 1 and rest at below levels.
XRP Pullback in playHey guys, it's been a long over due update on the markets. Although, not much has changed on the crypto forefront. With most coins ranging(accumulation).
However we did spot something interesting on #XRP. The price has formed a higher high structure after holding support of 0.2-0.3 very well and a strong monthly bullish engulfing candle closure. This means if we retrace back towards the daily sub demand level to grab liquidity and hold, we could see #xrp absolutely blast through towards the weekly supply zone of 0.67 - 0.85 zone.
Also the RSI on the weekly is forming bullish patterns (swipe) which is yet another confluence towards a long overdue upside momentum.
This could be a key area to take some profits if you have been accumulating at current levels. As we all tend to forget we are in a bear market and the price retraces towards the upside only to go lower following bear market structure.
Ripple a good or bad bet for now.A nice bet in crypto can be the Ripple coin. As it has not formed a new LOWER LOW.
The coin on seems to hold the support level of 0.585 on weekly basis.
The coin has been in a bearish trend and signs of trend reversal are there.
Ripple had made an equal and if it break the previous high convincingly a bullish momentum is possible.
On weekly analysis, coin is trading around its 20 ema.
Ripple can be a positional trade.
The coin has consolidated in a range on a high time frame, its break out will confirm the trend reversal.
Moreover, it will be trading above its moving averages.
A nice momentum trade can also be initiated for intraday and swing trade.
BTCUSD Bybit Chart Analysis March 24
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I will begin BTCUSD Bybit Bitcoin Chart Analysis for March 24.
It is a movement after the final finish.
More details are in the comments.
Check the main section with a black finger.
It finished up-ward move without any movement.
I made a strategy up and down hard,
Finished right upwards without any major fluctuations. haha
* $42044 long position entry section / up to $43306
The maximum profit is $1250.
Since there are few waves, I could not reach the top section (whip saw).
It ended at the red resistance line.
When a trend appears on the Nasdaq, it moves along with it.
Each of them went their separate ways.
It sure looks like goodbye NASDAQ.
Analysis is much easier.
An additional candle was created today,
Those who are aiming for a short shot in the whip saw can give up.
Let's look at it as a whole.
4 hour chart.
Today's approximate Top and Bottom prices are displayed.
around the purple support line
Red up / sky blue down movement path check
I made today's trading strategy.
This is a 30-minute chart one-way long position strategy.
Purple Parallel Line, Top price has been partially modified to match the strategy.
Is today going to the up-trend or from the bottom up strongly?
It looks like it will be ok.
Because it touched the BB 6-hour resistance, I see it as an upward lead.
30 minutes / 1 hour MACD Dead cross, and pay attention to thin
REd clouds.
The target section for this week marked at the top is,
This is the center line of the Bollinger Bands on the main chart.
* When the red arrow moves
Long -> Short -> Long Switching Strategy
I think most of you are moving into long positions.
If the purple support line deviates from or pushes away from the current position
Because small patterns are broken
Can be pushed to the bottom
Today's green support line needs to be supported without breaking out to reach the Top price.
Please note
1) $42619 long position entry section / Stop loss price when deviating from the green support line
2) $43537.5 short position entry section / Stop-loss price when the purple resistance line is crossed / It can lead to an uptrend immediately, so only the braves wait for a short or return
3) 42940.5 long position switching section / Stop loss when the green support line is broken
The final target is the top price.
Because they are constantly aiming upwards
You can also take the trend with a stop loss correction.
Short-term traders can run short shorts according to their preferences.
At the spot exchange, most start on the 21st from No. 3 Tteoksang Train.
You seem to be holding a long position.
For those who haven't gotten it yet, it can be difficult to get in.
You can also attack aggressively at the set timing.
If it falls today, the range to the bottom is not large.
It can be connected to the Jinban light, so you can proceed with confidence.
Instead, the orange line must be completely broken through.
You can move more safely. (Fully filled candlestick)
Here's today's strategy.
Don't forget to buy in principle / stop loss is essential
thank you.
BTCUSD Bybit Chart Analysis February 8
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I will begin BTCUSD Bybit Bitcoin Chart Analysis for February 8.
After the final closing on February 7th
It's a move after that.
More details are in the comments.
I marked the main sections with black fingers.
After clearing the short position, the red arrow was a one-way strategy.
42646 It was a long wait.
*First $43022 short entry section / Maximum $814.5 profit section
* $42646 long position entry section with upward wave / up to $1900 profit section
(I held it tight for fear of missing out on the long position, but I succeeded)
It is a profit section of about $2700 round trip.
Unfortunately, the gap retracement did not come out, so Perfect failed.
Since then, it has been moving upwards near the red resistance line.
Whether or not there will be a retracement by this week seems important.
I'll take a look at it in its entirety.
4 hour chart.
Approximate top price and bottom price are displayed.
Overall, the pattern is alive.
To go down to the gap retracement at once
still have the up-trend.
Check the red up/light blue down movement path
I made today's trading strategy.
This is a 30-minute chart one-way neutral strategy.
As a strategy for the final right-of-way
Today started with a chase shot potion.
The standard is 30 minutes + 1 hour chart rebound after adjustment due to dead cross
In general, short positions are taken from the center line of the ballvan.
Because it's a rebound that comes down
If the trend dies at the current position, it could be the best short spot.
The difference is the one hour MACD dead cross engraving from yesterday.
Even if it rebounds from the current position, it seems to be upward sloping.
Violet breakout of support line -> If it connects only to breaking above the orange resistance line
The strategy seems to work
Those who take shorts, please watch my stop loss video
Good luck with your position check.
* When the light blue finger moves
Short -> Long Switching Strategy
1) 43978.5 $ 43978.5 short position entry section / Stop loss when breaking through the blue wave resistance line
2) 42778.5 USD long position switching section / Stop loss when the red support line is broken
3) Maintain position with 45472.5 long position target and stop loss correction
There are a few things that are important to the success of today's strategy.
There are many divergences because the possibility of sideways crossing is high
Let me explain the most important part:
*Without breaking the orange resistance line
A breakout of the purple support line / a possible consolidation to the right when the orange resistance line is broken
* Without departing from the red support line,
(There is a possibility of a gap until dawn when leaving)
Orange -> Break through the dark blue resistance line
If it does not break through the dark blue resistance line, further corrections are possible after tomorrow.
(Jinparang short position operation section)
Today's strategy ends here.
Gap retracement seems to be the key this week
Those with a long position trend will depend on whether or not they break the red support line today.
You can operate
Thank you.
Xrp near breakout levelsAlthough the whole crypto market seems to be in a little bearish phase i think the downside has come to an end.
Btc and eth have shown storong support near 40000 and 3000 levels respectively, these levels have been tested multiple times and i think it is time for a reversal.
Xrp can show good upmove POST breakout.
This is not investment advice.
BTCUSD Bybit Chart Analysis January 14
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I will begin BTCUSD Bybit Bitcoin Chart Analysis for January 14.
After yesterday's final
This is the maximum profit segment that was forced.
arrow on the path
* $43595 long entry section / up to $835 profit section
*From the break of the sky blue support line to $42834 / up to $941 profit section
In a movement like yesterday
Are there any users who have made a profit from long->short switching?
If you have, please let me know in the comments.
I hope to be friendly.
This is a move after the final finish on January 13th.
Details are provided in the comments at the bottom of the analysis.
According to the blue finger movement path
It was a long switching strategy from the bottom.
The marked sky blue -> purple support line is broken
It broke the green support line while moving sideways along the final orange support line.
The strategy was a failure.
Yesterday was a very rough sideway move.
It wasn't a place for a whip saw.
If it touched the 12-hour chart resistance line,
Where an uptrend can be connected as it is
12 hours without touching the resistance line, creating a downward wave.
(If you look at the 12-hour candle, it is at the center line before the resistance line is touched.
It is moving sideways, and I knew it would be difficult to break through at once because the center line was on a downtrend, but yesterday's problem was that it was a short-term decline.)
In the thinly maintained, 30 minutes + 1 hour + 4 hour chart, ichimoku Red cloude thin And made a whipso
I explained to you to be careful when the red cloude is thin.
The decline in such a short period of time as yesterday is a little outrageous.
It was a really sad move that stopped shorting and plummeted.
To explain the main sections,
yesterday's movement,
Daily chart MACD Golden Cross engraving -> Unengraving ->
Re-engraving is in progress as new candles are created in the morning.
If you do not leave your current position
Ball van , 6 hours resistance line touch VS 2 hour support line touch
It is an ascending advantage.
Yesterday, even though a significant variable came out in a short period of time,
The support line at the bottom is also firm,
4 hour chart MACD dead cross engraving
When the danger signal has passed
Daily chart MACD goal is in progress
I think it would be good to see it as a scene where a typhoon passed.
I'll check it out again
4 hour chart
Today's approximate Top and Bottom prices are displayed.
around the purple support line
Red up / light blue down movement path check
I made today's trading strategy.
I was thinking like this today while analyzing.
Doing daily analysis in a field of this level of difficulty...
It is also a one-way strategy.
It's ridiculous and I wonder if I'm really doing well.
From my experience, the more difficult the chapter, the simpler I go.
The more complicated you think
In the end, maybe fell for my trick.
When there are difficult days personally
I tend to try to solve the problem in the simplest and easiest way.
Yesterday there was a strong decline in a short period of time, but
In the end, it was a sideways trade, because it could not resist any trend.
I will proceed as described above.
This is a 30-minute chart one-way strategy.
I'm working on it without any comments.
In case of a downtrend,
I even checked the blue finger movement path.
The pink resistance line is 1 and 2 in the order of the overshooting section.
The orange parallel line is for breaking through the highs.
It cannot serve as a support line, so it is better to look at the bottom when breaking out.
* When the red arrow moves
long position strategy
Personally, I think it will go right without any adjustment.
I'm trying to focus on long positions.
Each entry position, in the waiting section
I just want you to take note
1) $42845 long position entry section / Stop loss price when the purple support line is broken
2) $43669 long position target and tracking stop loss section
After that, I think it will be about short -> long autonomous trading.
In the spot exchange, if the movement of the arrow moves
Simultaneous operation of major altcoins seems advantageous
Please, take my analysis for reference only.
Don't forget to buy in principle / stop loss is essential
I hope you operate safely.
thank you
BTCUSD Bybit Chart Analysis January 13
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Only 30 Min chart ,
In real time, you can check major sections and move,
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I will begin BTCUSD Bybit Bitcoin Chart Analysis for January 13.
This is the movement after writing the analysis on January 12th.
More details are in the comments, so
Please check it out.
arrow moving path
Did it even come out perfect yesterday? but failed.
I conducted a short switching strategy in a real-time broadcast.
Unfortunately, after the stop loss, it was finished to the up-ward.
I blew the 1231.5 profit zone.
As an analyst who has to work the next day, I chose sleep rather than money.
Anyway, I think you all did a good job.
I'm glad
As the pattern is unbroken and connected with an uptrend,
Finishing to the right / We landed on the 12-hour center line of the ballvan that I described correctly.
4 hour chart
Today's approximate Top and Bottom prices are displayed.
Everyone, can you see the ichmoku red cloude thin ?
Unlike the 30 minute / 1 hour chart, the 4 hour chart
In this situation, a strong decline can occur.
you need to be careful
around the green support line
Check the red up/light blue down movement path
I made today's trading strategy.
30 minute chart neutral strategy
Today is one way
It is judged that it is difficult to get a MACD dead cross on the 4-hour chart in one shot.
Up to the 1 hour chart, there is a certain thickness of positive luck,
Short -> Long -> Short switching
If it is today's largest variable, it is likely that a rebound similar to yesterday will come out of the current pattern.
The same mistake should not be repeated, right?
never difficult
* When the light blue finger moves
First long -> starting from short / In case of support at the purple support line
In a similar vein to yesterday, a rebound to the Top section may come out.
Now that I see, I checked the daily chart MACD Golden Cross too late.
I inserted the arrow movement path in the same vein as yesterday.
Please forgive the cowardly one-way
1) $43151 short position entry section / Stop loss when breaking the sky blue resistance line
2) $42582 long position switching section / Stop loss when the green support line is broken
3) $44706.5 long position target and short position entry section .Short position short-term trading
Today, depending on the situation, it would be good to run major altcoins at the same time.
If the green support line is broken,
It may fall to the bottom because the positive fortune is kept thin for 4 hours.
See you in the video for more details.
Don't forget to buy in principle / stop loss is essential
Thanks for reading
BTCUSD Bybit Chart Analysis January 10
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I will begin BTCUSD Bybit Bitcoin Chart Analysis for January 10.
This is the movement after writing the analysis on January 7th.
More details are in the comments.
The last rebound came out, but in the 0.01% win
It broke out of the sky blue support line I marked, and lost a short stop.
Breaking out of purple support line -> after support at red support line
The extreme sideway move has been completed
It even showed up to the final Gap reversion.
Let's check the full details.
4 hour chart
Today's approximate Top and Bottom prices are displayed.
The monthly chart deck is in progress,
and the biggest point of view is likely to be the 12-hour chart MACD Golden Cross.
Before and after breaking the purple support line
Check the red upward and sky blue downward movement paths
If the support line is broken at the bottom,
There may be a downtrend, so be careful.
Based on the above, we created today's trading strategy
30 minute chart neutral strategy
Some parallel line colors have been changed to fit the overall strategy.
If the green support line breaks today, there is no answer.
Orange bird parallel line to the right and to the right
It's wide open from the bottom, so be careful.
(Check the main support lines shown on the 4-hour chart)
This is a sideways analysis, not a trend market analysis.
It seems to matter where the first wave bounces up or down.
Because Extreme sideways , generally attempt Reverse-trading.
From the current position, I have been operating only from the long position.
From the departure and damage of the green support line, it seems advantageous to operate a short position.
Recently, the reason for the sideway move ,
I think it's because of the effect of the MACD dead cross on the monthly chart.
If there is no big trend this month, long and short bi-directional, short-term trading + spot exchanges seem to be advantageous for altcoin circulation pumping.
If the green support line breaks today, all strategies will fail.
At the bottom, when the light blue finger moves, pay attention to the green parallel support line and the resistance line.
Based on the current 30-minute chart, it has been changed from thin positive to negative.
One big drop was prevented, but the positive luck was maintained thinly on the 1-hour chart.
Since it is the entire 30-minute center line touch, it is a condition for a strong decline in the event of a rebound failure.
Because the pattern has not been broken yet
I put my weight on the sidewalk.
* When the red arrow moves
This is a long -> short -> long switching strategy.
From the first wave, the red resistance line is touched and then the correction is made.
1) $41849.5 long position entry section / Stop loss price when deviating from the green support line
2) $43412 short position entry section / Stop loss when the purple resistance line is broken
3) 41544.5 long position switching section / Stop loss when the green support line is broken
After that, it seems to be about waiting after the stop loss correction or liquidation from the target value until the target target.
There are so many branching points that it is difficult to explain.
Beginners will find it helpful to read it several times.
Please remember that the stop loss is short and only the reverse trade.
Today's strategy ends here.
This is a personal delusion, so please bear with me.
Principle trading / Stop loss required
I hope you trade safely.
thank you
BTCUSD Bybit Chart Analysis January 7
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I will begin BTCUSD Bybit Bitcoin Chart Analysis for January 7.
This is a private analysis post from January 6th
Yesterday, the Bollinger Bands 30-minute chart without any fluctuations.
The end of the Extreme sideway move was completed within the BB support line and the resistance line.
(If you look closely, it is a touch of the ball van 1-hour resistance / 30-minute support line)
As I explained in the live streaming yesterday
The 1st pink resistance line on the left -> After breaking the orange resistance line
Reached 2nd section of the pink resistance line
Within the purple parallel line I drew on the real-time broadcast
The extreme sideways movement is in progress.
Let's take a look at the whole
4 hour chart
Today's approximate top price and bottom price
Probably around 48,000 for the time being?
Unless it is a Real rebounds that raises the sky blue resistance line
There is a high possibility of a fake rebound to fall
around the purple support line
Red up / sky blue down movement path check
I made today's trading strategy
A trend came out during the analysis, so I corrected everything haha
As a bonus, for those who couldn't watch the live broadcast yesterday
I will leave a short bottom section.
In the event of a departure from the bottom, we have marked the last major support line for this month.
Please note that it is about $32710.5.
This is a 30-minute chart one-way long position strategy.
A trend came out during the analysis, so I was really worried.
Long position here?
In a nutshell, this is a crazy strategy for counter trading.
It is a sideways section from the current purple support line to the touch of the green support line.
It's the psychological part.
I don't think it's a particularly good place to eat short position today.
It's a dead cross in phonology.
It's not even thin
Do you remember in the past when an uptrend stopped right before the uptrend and went down backwards?
Today is the reverse scenario of a rebound right before a downtrend.
There is a high 99.9% chance of failure, so be absolutely careful.
When the purple support line breaks, I will hold the stop loss tight.
If a downtrend is connected,
I left an approximate short position movement path with a blue finger, so please refer to it.
* When the red arrow moves
Short -> Long -> Short Switching Strategy
The current position will be the entry position for the long position.
Candles break the purple support line as a downtrend is underway.
All strategies will fail when the green support line is reached.
1) $43422.5 short position entry section / Stop loss when the purple resistance line is broken
2) 42383 USD long position switching / Stop loss when the purple support line is broken
3) $44660.5 long position target and short position operation section
That's it, after that, depending on the closing price of the futures market
Take a weekend position
If the sky blue resistance line is crossed above, a bullish indicator will be established.
If you can't raise it up strong enough that it doesn't come down over the weekend,
Please note that there may be a drop in the thin Yangundae on the way back.
See you in the video for details.
Today is a psychotic delusion, so please do not follow it and be patient.
Even if you resent it, it is your responsibility.
Don't forget to buy in principle / stop loss is essential
Have a good weekend.
thank you
BTCUSD Bybit Chart Analysis January 3
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“Make it simple, make profit”
It’s BitcoinGuide.
Don’t forget to
“Follow” me and press “Likes”.
If you "follow" press,
Only 30 Min chart ,
In real time, you can check major sections and move,
Real-time "update I dea" can be checked.
I will begin BTCUSD Bybit Bitcoin Chart Analysis for January 3.
This is an analysis article as of December 31, 2021.
It is the movement after writing the analysis article.
I marked the main sections with black fingers.
in the strategy
The timing came a little early
Accurately follow the indicated arrow movement path
From short -> long -> short switching
*47515 shot / 500 min profit section
* $47066 long / $ 1474 profit section
* $48536.5 short / $1591.5 profit section
(Because it was a Stop Loss price when it broke the purple support line)
I counted up to the purple support line)
That's a total of $3500 round trip revenue.
Congratulations to all who made a profit.
On weekends, the green support line does not deviate from the danger zone.
ended with a sideway move.
Please check the Gap price in the lower right corner.
Depending on whether there is a retracement coming out this week or not.
The future direction seems to be decided
Do you remember that there was still a gap section in the upper part?
I will look into the details thoroughly.
4 hour chart
I am using it to analyze only the maximum weekly chart.
I'm worried about monthly candles.
The downside is open, until the daily MACD dead cross
It is a very dangerous place to be connected.
As always,
Today, I even included the Gap rollback.
I think it's a particularly great turning point.
Today's approximate top price, bottom price
Check the red up/light blue down movement path
I made today's trading strategy
30 minute chart neutral strategy.
Personally, I focused on the arrow one-way strategy.
It can be very dangerous today,
It's a difficult spot, so I've even marked the additional sky blue finger movement path.
Maybe for a while, until the Real Rebounds comes out again.
It is highly likely that the downward trend will continue.
Failed to break the orange resistance line today -> break the purple support line
There is a high probability that the light blue finger movement will come out, right?
If there is support at the green support line, there is a possibility of a sideways movement.
I think it's a major turning point
Today, we focused on the dangerous section, the gap section, and the green support line.
* When the red arrow moves
Short -> Long Switching Strategy
1) 47489.5 USD short position entry section / Stop loss when breaking the sky blue resistance line
2) $46013 long position switching section / Stop loss when the green support line is broken
47709.5 at the top is a long position target,
If this section is reached, further uptrend may occur.
Those who are maintaining a long position from the current position, check whether the purple support line deviates.
Check if the orange resistance line is broken
I think it would be good to operate it according to the arrow or finger movement path.
The analysis is for reference only.
Don't forget to stop loss in principle
Thank you for reading today.
CRUCIAL ACTIONBullish signal for short term, expect move till 92 thereafter crucial level, if crosses then big move and if rejected then fall till 62.
BTCUSD Bybit Chart Analysis December 24
Hello ,
“Make it simple, make profit”
It’s BitcoinGuide.
Don’t forget to
“Follow” me and press “Likes”.
If you "follow" press,
Only 30 Min chart ,
In real time, you can check major sections and move,
Real-time "update I dea" can be checked.
I will begin BTCUSD Bybit Bitcoin Chart Analysis for December 24.
This is the move after the private closing on the 23rd.
I marked the main sections with black fingers.
At the bottom, I entered the 48196.5 chase long.
It was directly connected to the uptrend without any adjustments.
The maximum profit is $3127.
I explained exactly in the educational video two days ago, right?
Even if this verse appears
If you have a habit of trending with stop loss correction
Even if you lose your hand 7 times out of 10
If you eat the trend 3 times, you will end up with a profit.
We want our members to have good profits as a rule.
Yesterday's movement announced the start of Happy Christmas
I think we can expect a good move at the end of the year.
I'll take a closer look at the details.
4 hour chart
Today's approximate Top and Bottom prices are displayed.
The lines may look a little complicated.
You can simply look at it
*Purple parallel line strong rise
*Green parallel line to the right
Can break away out of the red support line today?
Those who study the Ichimoku balance table
If you look closely, Red cloude is gradually filling up the Bollinger Bands.
A shield that can withstand the next fall is being created.
If You watched yesterday's video too.
You must have noticed that my initial settings are a bit unusual.
After all, I did some research and put it together.
I shared it publicly haha
At least I don't talk nonsense.
I think you will be satisfied with the time spent.
To recap,
When the luck is thin, it plummets.
Rebound when it's phonological
If you are using it or compare it with other settings, you will understand.
Please note
Check the red up/light blue down movement path
I made today's trading strategy.
It's really hard today.
This is a 30-minute chart one-way long position strategy.
(The top price and the green parallel line drawing section have been partially changed in drawing sharing. Please refer to it)
I was really worried about whether to hit the top first or the bottom at the current location.
Personally, I see
Judging that the pattern is broken on the 15-minute chart during a small wave
It is a strategy for a rebound after correction.
It can be directly linked to an uptrend.
If possible, I would recommend that you refrain from running short positions.
Even if you hit the top first in the morning
If the conditions for an uptrend in daily resistance are not met,
Even if it's not a sweeping attack, I think it will go with a pattern similar to the strategy after a strong adjustment.
Of course, this is a personal delusion.
The dark blue support line at the bottom of the current position, the downtrend confirmation section
Please note that the pink overshooting section, the tracking stop-loss section, and the closing price of the futures market are displayed at the high point.
If today's hot green support line is broken, all strategies will fail.
It's Christmas, so I'll go even hotter
* When the green arrow moves
This is a long -> short -> long switching strategy.
1) $50548.5 long position entry section / Stop loss when deviating from the green support line
Ignore the pattern at the first purple support line -> support and then rebound
Those who are maintaining long positions, pay attention to the purple support line.
2) This is the $51,143 short position entry section, but is it breaking through the high point rather than entering?
It seems better to wait for a long time while checking whether the adjustment is strong.
3) $50558 long position entry section / Stop loss price when the green support line is broken
Tracking stop loss section at the high point / $53734.5 Long position target stop loss correction would be advantageous, right?
If it's possible to reach this far, if it's not a short single hit
I do not recommend running short positions.
If the green support line does not break today
Same as strategy, spot exchanges can be done with major altcoins.
Here's today's strategy.
No further comments
Principle trading / stop loss is essential, but don't look at the chart too much.
Have a Merry Christmas and a Merry Christmas
Have a good end of the year
I will come back next Monday after reorganization.
Thanks for reading today