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Ethereum (ETH/USDT) Short Postition!Ethereum (ETH/USDT) seems to be forming a bearish Head & Shoulders pattern. An ABC correction in play with a lower high. At ~1700 we have our stop-loss above a strong resistance - MP/TPO POC + R1. VPVR POC marks the main pivot level and our target is at ~1450 (immediate support below). MP -> Market Profile TPO -> Time Price Opportunities POC -> Point of Control VPVR -> Volume Profile Visible Range Market Profile is best understood as a way to see order in the markets. While not a typical indicator. MP takes the data from each day’s trading session and organizes it to help us understand who is in control of the market and what is perceived as fair value. Point Of Control shows the bar where the most volume has been traded.
Short
by cryptosrocket
Bitcoin (BTC/USDT) Short Position!Hello Cryptonauts, In the BTC/USDT pair we have the formation of a descending triangle (a continuation pattern). Added to that, we have a bearish flag. Using the flagpole size we can target our short position at ~18541. The price failed to breakout the smart money level (dashed line), which corroborates our short position. However, we have support at ~19501 so we can start a trailing take profit from the support level if it doesn't break down. Our stop-loss will be at ~20115 above the pivot level (~20038).
Short
by cryptosrocket
#ETH/USDT 4HOUR UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys. ETH/USDT UPDATE! $ETH is currently trading at $1560 I am expecting some bounce from here. But Bullish is only above the $1460 Level. As per TrendLine, This is the Retest level after Breakout. So $1400 Support level is very important for the Bullish scenario. First Horizontal Resistance is $1700 so This will be the first Target of Long Setup if Hold $1450 At the $1400 level also 21 Days of EMA resistance so This Point will be very important. If we break the $1400 Level then we can see another 50% From the $1340 Level. And Target will be $1750 I am Bearish below $1300 only. Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits. THANK YOU.
by CryptoSanders9563
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#BNB/USDT 4HOUR UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys. BNB/USDT UPDATE! As we can see BNB has broken the triangle pattern and retest again in the yellow area Entry 235 to 245 Stop Loss 230 and Target 310 Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits. THANK YOU.
by CryptoSanders9563
#BTC/USDT 4HOUR UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys. BTC /USDT UPDATE ! Bitcoin is now trying to break the $21.750-$22,000 resistance area. If BTC is able to break this resistance, we will see a move towards the key resistance area of ​​$22,500. If BTC gets rejected from here, we will again see a test of $20,000. Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Sorry for my English it is not my native language. Do hit the like button if you like it and share your charts in the comments section. Thank you.
by CryptoSanders9563
#XRP/USDT 4HOUR UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys. XRP/USDT UPDATE! As we can see in the above-mentioned chart that XRP is trading inside a parallel channel pattern and is currently rejected from the middle band at a price range of $0.3480. As here some correction is likely and again can fall down to lower trend line support just like before. So we can see a bounce from the lower support level towards the upper trend resistance level. Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Sorry for my English it is not my native language. Do hit the like button if you like it and share your charts in the comments section. Thank you.
by CryptoSanders9563
#BTC/USDT 4HOUR UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys. BTC /USDT UPDATE ! As we can see from the chart mentioned above, BTC broke above the upper trend line of this triangle pattern, and a retest Is likely in the upcoming hours. Retest will be the confirmation to rally above the price level of $22.4k again. Break below the lower green support will lead BTC again to move back inside the triangle pattern. Let's see how it performs in upcoming hours. Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Sorry for my English it is not my native language. Do hit the like button if you like it and share your charts in the comments section. Thank you.
by CryptoSanders9563