As a trader one must always look for a High Confluence setup. At least 3 technical points should meet at each other to be called as high confluence setup.
In this case of $LRC
1. Price crossed trendline
2. Support zone successfully retested and created a demand.
3. Price also reversed from 50% Fib retracement.
I am loving this, I am taking trade in it with entry,...
Conflux Network $CFX has been going berserk creating new demand, returning from Fib golden zone
and breaking obstruction zones.
Although bit late but it would be nice to catch up some profits in a move upward.
Entry, Exit and SL marked in the picture.
Disclaimer: Not a Financial Advice. Do Your Own Research
Trading Setup:
A Trading Signal is seen in the DOGEUSDT Dogecoin .
Traders can open their Buy Trades NOW
⬆️Buy now or Buy on 0.0805
⭕️SL @ 0.0735
🔵TP1 @ 0.1026
🔵TP2 @ 0.1298
🔵TP3 @ 0.1600
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
Risk Warning
Trading ...
ETH is will go for correction till 1400 if it breaks that support again it will fall to 1325 , lets wait for cpi data will show the clear move.
#Bitcoin #nft #bnb #eth #btc #BSC #Binance #trading #altcoins #cryptocurrency #crypto #sol
BTC is will go for correction till 20500 if it breaks that support again it will fall to 19600 , lets wait for cpi data will show the clear move.
#Bitcoin #nft #bnb #eth #btc #BSC #Binance #trading #altcoins #cryptocurrency #crypto #sol
Bitcoin started to shed its positive returns at the start of the second month of 2023. As observed in the chart, the BTC price level is currently trading at a critical level of 1.0 FIB level upon which a negative breakout could result in further price damage.
MA-10 also suffered a negative crossover against MA-50 in the past week. The downside expansion in the...
The two graphs seem similar in nature.
The question is will BTC follow the same trajectory as that of 2019 before the major bull run of 2020-2021 ?
Let us know your views in the comment section...!!!
BTC is formed first weekly death cross in whole history, market may go for big correction.
#Bitcoin #nft #bnb #eth #btc #BSC #Binance #trading #altcoins #cryptocurrency #crypto #sol
I found that large volume is coming in $MINA and also the chart pattern and trend shows bullish consolidation and a soon breakout.
Although market is in downtrend it would be bit risky to trade, still I would advice you to take minimal risk and invest a very small capital with tight RR if
you are willing to trade.
Entry @ 0.920
Exit @ 1.150
SL @ 0.800
$JASMY managed to break from consolidation above first demand zone and now I am expecting it will rise above the second demand zone as well.
If happens we can expect a rally up to 0.012 where it will face local resistance.
Entry @ 0.0075
First TP @ 0.0089
Second TP @ 0.012
SL @ 0.0063
First and Second target achieved on BINANCE:GRTUSDT , but I'll continue the journey up until Third target stop.
Anybody who wants to get on it, get in @ 0.14 with TP @0.155 and SL@0.125
Beware that It might take few days to reach there .
BINANCE:MANAUSDT is making some nice moves.
A nice consolidation breakout of resistance zone at 0.76, and now retesting it for a support.
Also a Fib Extension has given a clearance for the next target up till next resistance.
Let's keep watching $MANA
