Nat Gas Thursday 26 DecPrice is trading in a new territory. The margin required to enter into a trade has increased as the price has increased by 70%. Now you can't buy big quantity as fluctuation has risen, thus making stop loss quite large. So if your risk appetite is not that big you should think of bringing down position size. But if you're greed driven person this is your moment. You can make big bucks by trading just one big contract without scaling into a trade. Just keep trailing your stop and the rest will be taken care of. Fluctuations are big but it only happens at the end of a trend.
One more thing if you trade just to make money then this market is not for you. You don't belong here. Go someplace else. There are million ways to make money. Pick one and love it.
Gann
Today we will first look at the operation of the 2608~2633 rangeGold continues to fluctuate and converges in a triangle range. The main reason is due to the early market impact of Christmas Eve. From the picture above, the price breaks through the downward trend line and forms a horizontal consolidation in the short term. The price has not completely escaped from the shock zone and is expected to repeat again. Pay attention to 2608/2633 during the day! Pay attention to 2608/2633 during the day!
Gold rebounded first in the Asian session, but there is still suppression above 2632. Gold is still in a volatile market. The unilateral trend has not come yet, so the rebound of gold in the Asian session will continue to be short; gold is directly short near 2631 in the Asian session!
Gold is still in a shock range in 1 hour. If gold is under pressure at 2632, it may still fall under pressure. Don’t chase the rise easily when gold rushes up quickly in the Asian session. It may fall under pressure at any time; only after gold breaks through and stabilizes at 2632, gold may reverse, and then consider falling back to long.
First support: 2610, second support: 2600, third support: 2588
First resistance: 2632, second resistance: 2646, third resistance: 2658
Trading strategy:
Sell high and buy low according to resistance
AMD - Long-term Long!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈AMD has been in a correction phase approaching the lower bound of the red channel.
Moreover, the $100 is a strong round number and support!
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of support and lower trendline acting as non-horizontal support.
📚 As per my trading style:
As #AMD approaches the blue circle, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
TROY/USDT: Short OpportunityTROY/USDT: Short Opportunity
On the 15-minute timeframe, TROY has broken out of a pattern, signaling a potential short setup.
Targets:
1️⃣ First Target: Green support level 1.
2️⃣ Second Target: Green support level 2.
Watch these levels closely and manage your risk accordingly. This setup is for short-term traders. 🎯
#MOVE: Empowering Decentralized MobilityDescription:
This trading idea focuses on MOVE, a cryptocurrency designed to revolutionize the mobility and transportation sectors through blockchain technology. MOVE aims to create a decentralized ecosystem for ride-sharing, electric vehicle charging, and urban transport solutions, fostering efficiency, transparency, and sustainability. With the rising demand for smart urban mobility and green transportation, MOVE has positioned itself as a forward-thinking player in the industry, offering real-world utility and growth potential for users and investors alike.
As promising as its fundamentals may be, the cryptocurrency market remains volatile, with price fluctuations driven by external factors such as regulatory developments, market sentiment, and macroeconomic conditions. Investors should exercise caution and adopt sound risk management practices when trading MOVE or any other digital asset.
Disclaimer:
This trading idea is for educational purposes only and does not constitute financial advice. Trading cryptocurrencies like MOVE involves significant risks, including the potential loss of your entire investment. Always conduct thorough research, evaluate your financial position, and consult a professional financial advisor before making investment decisions. Past performance is not indicative of future results.
POND/USDT$POND/USDT is trading at $0.02038, showing bullish momentum after breaking out of a descending channel. Key support at $0.01628 provides a solid base for upward movement. The next targets are set at $0.02517, $0.03040, and $0.03482, with a stop loss recommended below $0.01331. If momentum continues, POND is well-positioned for significant gains.
@RosePremiumm
Eth Secret Chart.Hello Dear Traders,
Analysis for ETH Using Jinny Gann
On Chart The Most Important Levels "Horizontal Lines" Works as Support/Resistance .
DownTrend from TOP of 2022 Done and Bottomed for sure.
Finished 2 Down Cycles. and Started uptrend.
Gann Star from The top of 2022 to bottom on Chart.
reversed Jinny Gann Fan on Chart.
Zooooom in to Present you will see it clearly.
Wish you Make great of the chart.
Trade Wisely.
Best Regards
#USUAL: Bridging Utility and ScalabilityDescription:
This trading idea centers on USUAL, a cryptocurrency designed to provide enhanced scalability and utility across diverse blockchain applications. USUAL focuses on improving transaction speed and reducing costs, making it an appealing choice for decentralized applications (dApps) and cross-border payment solutions. With its growing adoption and integration in various ecosystems, USUAL has the potential to address key challenges in blockchain usability, positioning itself as a versatile and efficient solution for businesses and developers alike.
Despite its promising fundamentals, the cryptocurrency market remains highly volatile, and external factors such as regulatory developments, technological disruptions, and market sentiment can significantly influence USUAL's price dynamics. As with any investment, proper risk management and caution are necessary when trading in volatile markets.
Disclaimer:
This trading idea is intended for educational purposes only and should not be taken as financial advice. Investing in cryptocurrencies like USUAL carries substantial risk, including the potential for a complete loss of capital. Always conduct thorough research, assess your financial situation, and consult with a financial advisor before making any investment decisions. Past performance does not guarantee future results.
$OM: Quiet Market, Strong EcosystemDespite the quiet market, NASDAQ:OM remains incredibly strong, clearly showcasing the power of its robust ecosystem.
The #MANTRA team is working tirelessly behind the scenes, and I fully expect major breakthroughs in the coming weeks.
NASDAQ:OM is on the verge of an exciting surge—make it a priority to do your research.
#Layer1 #Altcoins #HODL #RWA #Binance
Steal OM before the Next 3X RunNASDAQ:OM is at a critical turning point!
Current levels are a steal before the next leg to $10.
The chart is looking incredibly strong— NASDAQ:OM isn’t messing around. Potential 3X gains ahead!
P.S. NASDAQ:OM is the strongest altcoin in my portfolio for 2024, with 15,230% YoY growth.
#MANTRA #RWA #CryptoNews