LuxTradeVenture

LuxTradeVenture Updated 

FTM has dropped 50% since 02/03/2022 after key personnel associated with its project announced departure, this has left FTM near an area not touched since 09/21. Looking at the 6H chart, we have Bullish Divergence + Hammer Fractal (currently this is still Subjective until a clear break in Market structure) As the market has overextended to the downside - an...

LuxTradeVenture

Hello Trading Community... Ive been working on a factual analysis for some time now, it paints a PB text when a candle doesn't close lower than the previous 3,4,5. As I am new to trading and pine scripts its a very basic script which seems to work when in AOI (Area of Interest) such as Support, lower channel trendline and near 50/100EMA when in an uptrend....

LuxTradeVenture

Pullback candle on BTC Looking to enter on confirmation candles after the pb.

LuxTradeVenture

Crypto is still in Bearish conditions - FTM has rallied nearly 60% from the Swing Low but failed to hold above the 100ema. This is an Area Of interest (AOI) for a short set up. Confluences (Ideally looking for 3+ confluences to enter a trade) Price Rejected POC VALUE Key Area acting as Resistance Shooting Star candle Price rejected the 100ema ...

LuxTradeVenture

Technical analysis behind my long trade on Luna Ive been following a potential W pattern on Luna for nearly a month now and most recently we have saw a change of structure and on the 25/02/22 price is testing the neckline. The move towards the neckline seems to be an impulse 12345 where the 3rd leg is the biggest in price percentage. if the 3rd leg breaks the...

LuxTradeVenture Updated 

Fantom has been consolidating within this triangle for 29 days and today it looks to be confirming a Bearish Triangle (I have attached an image for reference) The market has made consistent LH/LL which is true to a bear market - even though price climbed 28% from support this wasn't strong enough to break $2.40 zone which signalled a chance to short the market....

LuxTradeVenture

Still in Bear Market conditions - this means we are still looking to sell when near an area of confluence until price moves into the ACCUMULATION PHASE BREAK OF 2584 SHOULD SIGNAL A MOVE DOWNWARDS IF PRICE BOUNCES FOR THE 38.20% FIB METRIC THEN WE COULD SEE PRICE MOVE UP TOWARDS THE 100EMA VALUE OF 2866 AND WE LOOK TO REENTER WITH THE 2ND ATTEMPT Please...

LuxTradeVenture

STILL IN BEARISH CONDITIONS FOR FTM AND A SYMMETRICAL PATTERN HAS BROKE WITH A RETEST ON THE LOWER TRIANGLE STOP LOSS 2.00 TAKE PROFIT 1.64 RISK REWARD 2/1 Please leave a comment as all ideas or corrections to my analysis will be very helpful :)