Trading Ideas Ideas descriptions
Bitcoin: No Action At Range Low Good For Longs?
on July 5, 2020 at 8:43 pm
U.S holiday price action appears to be playing it’s part in Bitcoin’s slow price action, but this doesn’t change anything. Bitcoin is in a consolidation within a broader BULLISH trend since April. Price continues to probe range lows which does NOT provide any evidence of progress or TREND on our time frame of interest. Keep in mind weak markets BREAK supports, they don’t maintain them for long periods. The 8500 area is the key support that we are referencing in order to anticipate the herd mentality and gauge risk. In this video I will further explain the probability and potential of the current price location and why we continue to manage our swing trade LONG. There is a lot of confusion around the concept of “trend”. It is actually a very subjective idea which should be rooted by the TIME FRAME that your strategy utilizes. For example, if you are only interested in a higher frequency of trades, small targets and tighter stops, then a small time frame is appropriate. If you are trying to gauge risk and participate in broader market moves (as in 1000s of points) then small time frames (less than 8 Hrs) will only blind you. Many traders will argue that the “trend” is bearish because of some random structure on a 1 hour chart, but that information carries no weight within the scope of OUR long ONLY swing trade strategy. Testing the 8800 and 8900 areas is not even close to compromising the 8500 support. The fact that buyers continue to step in (tails on recent candles), can be interpreted as strength. As long as this entire range (8500 to 10,400) stays intact, it is likely to act a continuation pattern and since the larger trend is bullish, probability still favors a bullish move (higher lows lead to higher highs). Until this structure changes (like a break of 8500), judging it any other way on this time frame is just asking for lower probabilities. Slow markets like these require a LOT of PATIENCE, and a strong understanding of how price structure shapes expectations. The evidence that carries the most weight continues to point to a bullish outcome, but there is no way to know when this will unfold. A few minor pullbacks into the low of the range is nothing more than NOISE and should not be confused with a trend on this time frame. A surprise catalyst can come out of no where, and next thing you know everyone is “predicting” 20K again. If you want to win, you must be positioned ahead of the herd, not react with it. We will continue to hold our long from 9225 and if it gets stopped out, we will wait for a new signal to go long again (unless price breaks 8500).
ETHUSD Price Analysis: forming head and shoulder formation
on July 5, 2020 at 8:42 pm
ETHUSD is forming an overall head and should formation currently trading below the important 200- and 100- EMA resistance. The head and should formation can currently break to the down or upside. Now ther formation in ETHUSD has to confirm in one direction and show the breakout, a clear break of the the neckline will show bearish and a move above the head will confirm the head and shoulder formation bullish. RSI is sending moderate signs with a possibility of increased spread and oscillation in the oversold or overbought region. MACD is showing intertwined lines and can show up with a definite sign in the bullish or bearish direction. For now, the head and should develop and show the proper breakout as ETHUSD is trading below the EMAs a breakout in the bearish direction is more possible at the moment. TREND: sideway FORMATION: Head and shoulder EXPECTATION: Confirmation of the head and shoulder formation TREND AFTER CONFIRMATION: Either up or down PREV: 229.34 OPEN: 229.34 VOLUME: 33.104K DAY’S RANGE: 223.53 — 229.93
Hidden bullish divergence
on July 5, 2020 at 8:40 pm
Bearish ascending wedge, but very strong hidden bullish divergence.
Possible BAT pattern?
on July 5, 2020 at 8:39 pm
BTC IF YOU DIDNT KNOW NOW YOU KNOW
on July 5, 2020 at 8:38 pm
on July 5, 2020 at 8:35 pm
Support and Resistances are specified on the chart
EOSUSDT Güncel Teknik Analiz
on July 5, 2020 at 8:33 pm
Enginneering Robo ile yapılan güncel analizde Buy 1 sinyali vermesine rağmen sondaki üçgenin kırılmasını beklemekte fayda görünüyor.
ETHGBP Bearish Divergence
on July 5, 2020 at 8:30 pm
It is clear from the chart that ETHGBP is expected to start a downtrend.
XTZ- Week Chart
on July 5, 2020 at 8:30 pm
XTZ/USDT throwing a beautiful flag on the week chart. If this plays out it will be a sustained increase to the price action for weeks when it breaks out of the top of this flag. Optimal buy in would be the bottom of the triangle bounce.
Wave 5 Is Ready To Start
on July 5, 2020 at 8:28 pm
Took Hold Above Nice Trend Line And 0.618 Retracement (Classical And Elliot Support Level) ,Correction Is Completed (Wave 4) ,Wave 5 Is Ready To Start 🔴 Stop loss zone : 60 ~ 59
NULS Has Potential For An Easy %10
on July 5, 2020 at 8:19 pm
NULS is trying to break an important level of resistance and it is more likely to do so. Set your alerts on TradingView on the upper resistance level and ride the wave after the break above.
on July 5, 2020 at 8:16 pm
I’m riding this bad boy all the way to the top
BTCUSDT ShortTerm Setup
on July 5, 2020 at 8:08 pm
ZRX Omega PUMP Imminent
on July 5, 2020 at 8:07 pm
Plebian Peasants are trading Bitcoin while Coinbase GigaChads are aggressively buying ZRX Still one of the most undervalued Gems right now trading below a dollar imagine that… THis coin has major Silicon Valley funding , Coinbase Connections, the only DEFI project which have added more value to ETH than anything, THis is just the beginning of the rise of the great American DEFI ,join us with the COINBASE BULLS to the fabulous pump to $2 and BEYOND THE PROMISE LAMBO LAND AWAITS SEND IT PAST THE GALAXIES WHERE IT BELONGS TILL THE EDGE OF TIME!!!
on July 5, 2020 at 8:03 pm
Nice reversal in the trend, I’m expecting a retest at the top of the macro trend-line. The 0.618 fib level is exactly around that level. If we break this we can go even higher. Trade safe and let me know if you agree or not! Checking out, Your one and only Hero.
Cardano (ADA) Soon To Break For More
on July 5, 2020 at 8:03 pm
Cardano (ADA) has been inside of a falling wedge but it soon has to break for more target since it has some major news for JULY 2020. Set your alerts on the upper trendline of the move and ride the wave.
Symmetrical triangle breakdown? BTC to 7500
on July 5, 2020 at 7:53 pm
Simple pattern + S/R analysis Will check the indicators if this does infact play out.
ETH/BTC daily outlook 7/5/2020
on July 5, 2020 at 7:51 pm
Hey everyone! Welcome to my analysis of ETH/BTC on the daily time frame. I havent paid alts much attention but I decided I would try to keep things fresh. If you want me to chart an alt let me know and I will add to the list. Its already a pretty long list so bear with me folks. Im just trying new things. ETH has had a lot of momentum behind it lately. Traders and long term investors seemingly are wanting in before the incredible “Ethereum 2.0” arrives on the scene. I am not the most technical guy and Im bad at telling people all the reasons why this will make ETH a better platform but it is causing a stir that is driving up volume. Typically when big things happen it can stir up interest in the coin and cause the volume to rise. Especially around a coin as big as ETH. ETH is the 2nd biggest coin in terms of market cap and at one point it was thought that ETH may rocket to the top of the charts. While that has yet to materialize we can see that ETH may not be so locked to BTC movements for the near future. I have seen many periods where ETH is almost a carbon copy of BTC movements. This may not be the case as ETH has a lot of hype around it at the moment and as a result may move differently than BTC. Now looking at the chart I notice that we are in an obvious triangle pattern. Consolidation is what I call it. We are coasting along here at the 225 USD (.025 BTC) which is pretty much par for the course lately. We have seen some swings but for the most part have remained above 200 dollars. This is the ETH/BTC chart and its much different that the USD chart. Most alts I tend to use the BTC pairing but with bigger ones like ETH traders use the USD chart too. It doesnt look as bullish to me on the USD charts as we are really testing the daily 50 MA and the top border of the daily cloud. If that can hold we may see that jump that looks pretty evident on the ETH/BTC pairing (not so evident on the ETH/USD pairing though) We could still head into the daily cloud on this chart if we cannot escape the pattern and soon. Tonights weekly close will almost certainly be above the weekly 50 MA but well within the grasp of the weekly cloud. To escape the weekly cloud and create the fomo that traders love to see I think we need to see ETH in the 280 + area. I could be wrong but if it got up to that point fomo can take it to some scary heights. If that ever does happen make sure you are near your CPU. Take that profit before that wick shows up. I know I went back and forth on pairings through this analysis but the ETH pairings are the only one I typically do this with as the USD and the BTC pairings are both important IMO. But with any alt below ETH I stick with BTC pairings. We still have plenty of support below us so even if we do head south I dont think it will be a free fall. But you need to be prepared for anything. Right now ETH/BTC looks decent but we all know how crypto is a heartbreaker. Dont get caught without a stop loss. I will start doing one or 2 alts a week to start off with. I will still do BTC as well. I will see how this goes. I hope you understand I get a lot of requests and Im listing them as I see them so I will do my best to do them in order I receive them. I will likely do the daily time frame unless you specify a time frame with the request. Thanks and have a good one everyone! WTFDIK
ontusd looks good
on July 5, 2020 at 7:51 pm
on July 5, 2020 at 7:46 pm
OGN LONG..HIGH POTENTIAL
on July 5, 2020 at 7:43 pm
$30K on Dec 17th 2020
on July 5, 2020 at 7:41 pm
I predict that Bitcoin will be right around $30K on Dec 17th 2020.
Key levels breakout
on July 5, 2020 at 7:40 pm
In spite of my previous position being stop-loss, I opened a new one when I saw the price doesn’t continue to descend further. The price is now about to close above 200 MA and EMA as well as 50 MA and EMA. It is directly on top of them now. I think this is still a good opportunity to buy. The probability of a much bigger move is solid in my eyes… Opening now I would have higher stop-loss since there has already been bullish price action. I don’t have any specific target on my position yet.
on July 5, 2020 at 7:39 pm
Strong breakout, followed by successful retest and a wonderful bull flag.
TOMO/USDT – LONG – POTENTIAL 28%
on July 5, 2020 at 7:38 pm
Look after your portfolio and it will look after you & If you liked this idea, please like and subscribe to my profile PAIR: TOMO/USDT T/F: 1HR LENGTH: MEDIUM/LONG ENTRY: 5731 TP1: 6129 TP2: 6844 TP3: 7370 SL: 5465 NOTES: – Pullback sitting on support on the daily – Strong Uptrend – Higher Highers & Lows – Breakout to pullback – Uptrend – Bearish Divergence although recent history has not shown much “bearing” in affecting its Bullish sentiment ***Please note that all of my suggested Entries, TP’s and SL’s always ignore any precursor 0’s*** Please always trade with caution, manage your trades and stop-losses This is not professional financial advice, just my thoughts and trades I am taking please trade safely and responsibly.
LINK downtrend breakout
on July 5, 2020 at 7:34 pm
Broken weekly channel downwards
VIDEO: A look into Bitcoin Chart, Futures and Options
on July 5, 2020 at 7:27 pm
Check Video for Details
on July 5, 2020 at 7:17 pm
SL 0.238 looks Good!
XMR Breakout trade
on July 5, 2020 at 7:15 pm
Info on the chart. For information on BTC volatility follow our BTC ROADMAP chart. https://www.tradingview.com/chart/BTCUSDT/IMKvKwU2-BTC-ROADMAP/
ETHUSD H8: Bear Flag. Short rips/rallies. (SL/TP)(NEW)
on July 5, 2020 at 7:13 pm
Why get subbed to to me on Tradingview? -TOP author on TradingView -15+ years experience in markets -Professional chart break downs -Supply/Demand Zones -TD9 counts / combo review -Key S/R levels -No junk on my charts -Frequent updates -Covering FX/crypto/US stocks -24/7 uptime so constant updates ETHUSD H8: Bear Flag. Short rips/rallies. (SL/TP)(NEW) IMPORTANT NOTE: speculative setup. do your own due dill. use STOP LOSS. don’t overleverage. 🔸 Summary and potential trade setup ::: ETHUSD H8 chart review ::: bear flagging and more downside ::: weak chart market not ready for upside ::: for best results short from overhead ::: SHORT IT near 230/233 USD ::: TP bears is 204/206 USD ::: 10% losses likely from overhead ::: BTC drifting lower on auto-pilot ::: will pull entire crypto space lower ::: recommended strategy: SHORT IT 230/233 USD ::: TP 204/206 SL is 238 USD ::: good luck traders 🔸 Supply/Demand Zones ::: N/A 🔸 Other noteworthy technicals/fundies ::: TD9 /Combo update: N/A ::: Sentiment short-term: BEARS ::: Sentiment outlook mid-term: MIXED