Swing ETH thesis by Titan_KarmaPrediction( investment_thesis='**Market Sentiment Analysis:** The current market sentiment for ETHUSDT is cautiously bullish. Despite the absence of recent news, the financial data indicates a strong bullish sentiment among top traders, with a high long account ratio. However, there is a slight decrease in the long account ratio and longShortRatio in the most recent 1-hour and 4-hour data, suggesting some short-term caution. This mixed sentiment calls for close monitoring of market developments. **Technical Analysis:** The technical indicators present a mixed picture. On the daily chart, the RSI and Stochastic indicators suggest slightly overbought conditions, while the MACD and ADX indicate a strong upward trend. The 4-hour chart shows a neutral RSI and a slightly negative MACD histogram, indicating potential weakening of bullish momentum. The hourly chart reflects indecision with a neutral RSI and low ADX. Key support and resistance levels are around the Pivot points and Bollinger Bands, with the daily chart suggesting a strong trend but shorter time frames indicating potential consolidation. **Fundamental Analysis:** With no recent news impacting ETHUSDT, the focus remains on financial metrics and market trends. The historical data shows a strong upward trend with significant price and volume increases, supporting a bullish outlook. However, the lack of new developments necessitates caution and readiness to adjust positions based on emerging information. **Risk Management Strategy:** Given the mixed signals, a cautious approach is recommended. Set a stop-loss at $3,500.00 to manage potential downside risks and a take-profit at $3,800.00 to capitalize on the bullish trend.
The confidence level for this trade is 78%, indicating moderate risk. Monitor key support at $3,600.00 and resistance at $3,750.00 levels closely. OUTCOME: HOLD_BUY STOP_LOSS: $3,500.00 TAKE_PROFIT: $3,800.00 CONFIDENCE LEVEL: 78% EXIT_POINT: $3,750.00 CURRENT PRICE: $3,650.00 ENTRY CRITERIA: - **TIMEFRAME**: 1d - **RSI**: above 65 - **MACD**: Bullish crossover - **MA20**: Price above MA20 - **ATR**: Moderate volatility - **Bollinger Bands**: Price near middle band - **Stochastic Oscillator**: Overbought - **News Impact**: Neutral - **Historical Data**: Support at $3,600.00, Resistance at $3,750.00 CURRENT OPEN LONG POSITIONS: 2 CURRENT OPEN SHORT POSITIONS: 1' )
Crytposignals
HIFIUSDT Technical AnalysisHello traders and crypto enthusiasts! 🎵 Today, let's explore the rhythmic possibilities within HIFIUSDT (HiFi Finance against USDT) as the technical charts reveal hints of a potential bullish movement. Join us as we analyze key indicators and patterns, discovering the elements that may contribute to a harmonious uptrend.
Technical Overview:
📈 HIFIUSDT is currently presenting interesting signals that suggest the possibility of a bullish melody. Let's delve into the essential technical aspects and uncover the factors that may contribute to an uplifting movement.
Crucial Levels to Watch:
🎯 Resistance Symphony: Identify key resistance levels that, when breached, could set the stage for a sustained bullish movement. Breaking through these resistance levels is pivotal for confirming the initiation of an uptrend.
🚀 Bullish Crescendo: Seek additional supporting indicators or patterns that align with the bullish scenario. A convergence of signals can amplify confidence in the potential for a significant upward movement.
Risk Management:
🛡️ While the technicals signal positive momentum, always exercise caution and implement effective risk management strategies. Set clear profit targets, consider protective measures like trailing stops, and stay informed about any market developments.
Conclusion:
In the dynamic realm of crypto, identifying potential bullish opportunities is essential. HIFIUSDT is currently showcasing promising signals, and traders may discover opportunities in the upcoming harmonic movement. Keep a vigilant eye on the charts for confirmation of the positive trend.
Disclaimer: This analysis is for educational purposes only and should not be considered financial advice. Always conduct your research and consult with a financial advisor before making investment decisions.
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ARPAUSDT Demand Surges as Price Breaks FreeAfter a rather prolonged consolidation phase, ARPAUSDT is gearing up for an exciting ascent. Cast your minds back to November when the ARPAUSDT price spectacularly shattered the downtrend trendline, setting the stage for the thrilling saga we find ourselves in today.
For the past two months, ARPA has been playing a suspenseful game within the $0.046 Fibonacci Support level and the $0.054 Supply zone. It's been like a high-stakes poker game, and now, the cards have been laid bare. Picture this: the daily chart reveals ARPA gracefully breaking free from the supply zone, transforming it into a demand area. It's like watching a phoenix rise from the ashes.
And here's the jaw-dropping part – both the demand area and the uptrend trendline received a standing ovation from the market. There's a hunger for ARPA in the air, folks! The demand is real, the uptrend is undeniable, and we're riding this wave of optimism.
Make sure you are ready for what comes next because the odds are stacked in our favor. The likelihood of an uptrend continuation is strong, and we're eyeing that elusive $0.1 psychological resistance area, corresponding to the 23.6% Fibonacci level. Can you feel the excitement in the air? We sure do!
In a nutshell, we're not just talking growth here; we're talking about a whopping 90% potential surge in the weeks to come. ARPAUSDT is about to take us on a thrilling journey, and we're all aboard for this exhilarating ride!
IOTX/USDT Reclaimed above the resistance, Continue Bullish move?💎 IOTX has been making notable strides in the market lately. It has successfully reclaimed its position above a key resistance level, which could be a positive indicator.
💎 Following its retesting phase, IOTX is poised for a probability upward trajectory as it aims to challenge the Bearish OB zone once more.
However, should IOTX close below the resistance area daily, it could signify a false breakout. In such a scenario, there's a likelihood that IOTX might resume a downward movement, heading toward the demand zone.
The demand area is critical for IOTX's recovery and upward continuation. A strong bounce in this zone is essential to prevent further decline. Failure to maintain momentum in this area could result in IOTX descending towards the support level, and possibly even lower, underscoring the significance of this juncture for its market trajectory.
UNFI/USDT Process to retesting phase to continue the upward move💎 UNFI has undeniably garnered significant attention in the market. Presently, UNFI is undergoing a retesting phase in the demand area, which was formerly a supply area. There is a probability for UNFI to experience a bounce from the demand zone, signaling a continuation of the upward movement towards our target area.
💎 The bad scenario is confirmed if, during the retesting phase at the demand area, UNFI fails to maintain its position and undergoes a breakdown. In such a case, UNFI will revert to bearish movement, potentially retracing to the key support area.
SKL/USDT Break out the key level area ??? SKL Analysis Today💎 SKL has undeniably left its mark on the market. Currently, SKL finds itself in a pivotal zone, facing a resistance area. If SKL successfully breaches this resistance in the near future, it will be poised to continue its upward trajectory, with the probability of reaching our target zone, encompassing both the supply and major supply areas.
💎 Conversely, if SKL fails to break through the resistance, there's a possibility that it will return to testing the demand area at $0.0275 in order to generate fresh momentum.
💎 During this retesting phase at the $0.0275 demand area, SKL must either maintain this level or risk breaching the demand. Such an outcome would be unfavorable for SKL, indicating a shift back to a downward movement and a potential descent to the strong demand area.
XRP has Broken Out of Descending Channel |👀🚀 What 's Next?💎 Paradisers, prepare for a captivating trading prospect with XRPUSDT. The asset is currently exhibiting significant activity within the demand zone, indicating a potential shift towards an upward trend.
💎 Ripple has been meticulously following a descending channel. It has previously broken above this channel, and we anticipate a move towards a resistance level, followed by a quick pullback, consistent with its typical channel behavior.
💎 There's a strong likelihood of a bullish movement initiating from the support level around $0.5742. With XRP having effectively broken out of the trading channel upwards, a resistance target near $0.9500 is within sights.
💎 Timing is crucial for astute Paradisers. Identifying the most favorable entry points during this upward trend is key. It's advisable to be cautious and avoid buying at the peak of the movement.
💎 Stay alert, as there's a possibility of XRP falling below the support level of $0.471. A drop beneath this crucial point might cast doubts on the sustainability of the upward trend.
ZRX/USDT Retesting phase to continue upward movement. 💎 ZRX has undeniably captured significant attention in the market. Currently undergoing the retesting phase within the support area after a notable breakout from the pattern and resistance, marked by a surge in green bullish candles.
💎 Anticipating ZRX's approach to the support level in the near future, there's a likelihood of either rejection or a bounce from this level, probability it back into an upward movement and targeting our supply area.
💎 However, if the scenario deviates from expectations and ZRX fails to bounce, leading to a breakdown of the support area, the potential downside could extend to the next lower demand zone at $0.317. In this situation, ZRX would necessitate a bounce to reclaim the resistance area at $0.390. Failure to regain this area might result in ZRX breaking through the demand level, continuing its descent towards a robust support area.
SEI/USDT It required break the resistance to continue upward!💎 SEI has undoubtedly had a significant impact on the market. Currently, SEI is encountering the local resistance area at $0.1305. If SEI starts to display several bearish rejection candles, it could be indicative of a potential downturn, leading SEI back to a retesting phase at the demand area, with the aim of generating fresh momentum to breach the resistance zone.
💎 However, if SEI successfully overcomes the resistance in the near future, it will be poised for further upward movement and could probability reach our target zone, which includes the supply and major supply areas.
💎 On the flip side, if SEI, during its retesting phase within the range of $0.1180 to $0.1140, fails to sustain this level and even breaches the demand area, this would signify an adverse development for SEI. It would signal a shift back to a bearish trajectory, with the possibility of descending to the key support area.
XRP - Good opportunity for local shortReasons to take short:
⭐️ BTC doesn't look strong today
⭐️ Slowly squeezing to the trendline
⭐️ Volume at top
⭐️ Volume is decreasing
⭐️ 40 ATR
⭐️ Under VWAP
Will enter when price squeezes to the level on 5m timeframe, the base will form and the tape will get faster.
If you don't understand the previous sentence, just use swing stop-loss 3-5%
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
NEW BTC Analysis (January 12th play?)Some big support/break plays for this pair this week!
The 1on1 video is currently out, if you would like it in order to understand how to play my analysis FULLY, please let me know privately.
All likes/comments and feedback are very much appreciated!
How to play my chart:
Buy at support, sell at resistance. When you open this chart you'll see a green entry and a red entry. When the candlestick hits the green entry, you place a buy. If however that support buy doesn't go into profit and goes negative -35 or -60 pips (depending if it was a fast break/or if the break landed on a minute 15 zone), if it breaks you would then exit your buy and immediately enter the sell. You would then ride that sell down to green TP1, or you could then repeat and play the buy/break there.
The same exact thing goes for resistance sell/break plays!
Double Your Investment Ideas : WAVES/USDtWAVES are currently standing at the point where it can be bounce anytime and we could make at least 1.8x return ...
DISCLAIMER : Invest with Safety and Risk Management . Invest with D.C.A ( Dollar Cost Averaging ) strategy so you Make better returns with Minimize Risk.
Learn D.C.A if you are not aware about it.
Good Luck !
An update on Fridays Ethereum idea👌On Friday I shared an Idea on an Ethereum buy.
The strategy in using our EDGE trend following script.
The script has been set up to work a simple 1:1 RR ratio and look to take snippets out the ETHUSD instrument.
Fridays idea can be seen below
Friday's Idea went on to hit take profit target and since then a short position presented late last night which also hit TP target.
Crypto being a 24/7 market automation is a must so trades like the sell are not missed.
As more and more brokers are offering options to trade crypto instruments going forward crypto ideas is something I'll look to share more on this platform.
As always the report box at foot of the idea shows the stats for this strategy.
In that box every trade is logged and can be viewed by clicking the tabs in the report box.
You as the viewer of this idea can also do that so go ahead and have a play.
If your a crypto fan hit that follow button and get ready for even more crypto ideas using our trading scripts 👍
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I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
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Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Darren.
BTC Dominance Rising, Altcoin Market ExplainedBTC Dominance has bounced from support in its current wedge and is now rising. We expect to see dominance continue it's movement sideways/forward. What does this means for altcoins? It means that most but not all may begin bleeding some. In timeframes like this as BTC dominance rises it is important to only follow breakout altcoin tokens, or tokens with extremely strong upcoming fundamentals (news, partnerships, etc.)