Trading can be exciting and profitable, but it's important to spot habits that might hurt your success. Here are key warning signs to help you become a more disciplined and successful trader: Constantly Checking Charts : If you find yourself compulsively opening your charts every hour and feeling physical discomfort if you don't, it's time to reassess your...
Currently, TON is showing a triangle breakdown. The support level around $6.25could hold it well, but there is a possibility that the price dip further, potentially reaching the $5.75 area. This could present a good buying opportunity at lower prices. It’s important to monitor the situation closely once the price approaches this level to make an informed...
Chart is obvious and short term supports and resistances are appointed. The $16600 support is broken and I'm in a short position already by stop loss around $16800. In the short term $15600 is expected! Things you might like: - Trend Key Points Indicator have been used to draw important key levels and key points. - Strong Trading Strategy , Do not trust all...
Price zone $1700 - $1750 is a daily resistance area and I'm waiting to inspect the price action in its lower timeframes after touch. I think it looks more like a potential rejection. Potential important levels are been highlighted in the chart. DO YOUR OWN ANALYSIS. DO NOT FORGET MONEY MANAGEMENT. Things you might like: - Trend Key Points Indicator have been...
The pin bar pattern is one of the best signals on any market for predicting the next move. But should you trust all pin bars? In my humble opinion, NO, and I’m explaining this idea below and the approach I take to distinguish valid pin bars from invalid ones. I suppose you already know what is a pin bar, so I’ll not explain its basic details here. If you don’t...
After breaking the weekly downtrend (the grey one), MATIC managed to reach the $1 resistance zone with a strong move. Even though it was not quite able to touch $1 and started a correction, I think we are going to see another try to reach there next week. If you ask how long the current correction can continue, I think it is bound to fall a little more with the...
- The main bearish trend is still going on - Momentum is still bearish - Short term trend line has just been broken Entry Point: $33 to $34 Stop Loss: $36 First Target: $28 DO YOUR OWN ANALYSIS. DO NOT FORGET MONEY MANAGEMENT. Things you might like: - Trend Key Points Indicator has been used to draw important key levels and key points. - You can use Big...
The price has been swinging in a range box for the past 7 days and now the rejection from the upper edge of the box is happening simultaneously with the rejection from the mid-term descending trendline. In addition, there is a hidden divergence in the RSI oscillator while the price did not manage to make a new HH. Having said that, the price might be seen at...
XAUBTC is one of my favorite indicators to decide if bitcoin's big crash or big pump is over! The rivalry between GOLD and BTC is worth watching and being careful about. It seems that bitcoin will suffer a little more depreciation against gold and will lose more value until it reaches the next resistance zone, I mean between 0.1 to 0.11. After the touch and a few...
It was obvious that it would reach 20 thousand dollars. and now I feel like the price going to have a short struggle on the way to breaking the $20K, it can range from $18600 to $22400. If it loses the $20K support area with strong momentum, the next stop will be $14K. DO YOUR OWN ANALYSIS. DO NOT FORGET MONEY MANAGEMENT. Trend Key Points Indicator have been...
I see the potential to go deeper and there is still a chance to hop on the descending wave. By entering now, $0.53 is a good point for the stop loss and, you can have multiple target points. It might stop around $0.45, $0.36 and then $0,25 respectively. DO YOUR OWN ANALYSIS. DO NOT FORGET MONEY MANAGEMENT. Trend Key Points Indicator have been used to draw...
When you should use leverage in your trades? I’m going to answer this question, but first, we have to mention two other questions to be answered. Q1: What is a reasonable trade? An order in which the entry point, stop loss, and take profit are already pre-defined based on a good return strategy or rules. Q2: What is money management? Money management is to...
The momentum is indeed bearish even so, $1700 is strong support for the price and trying to hold on there and if the price lose this support, the next target will likely be around $1420. On the positive side of view, If the Bitcoin current range lasts a little longer or rises, I expect at most a pullback to the recently broken ascending trendline around $2500....
It’s short because: - We are in a mid-term downtrend - Price is struggling to hold the 30K zone made a continuation flag pattern - Indicators also approve bearish momentum The $30K zone highlighted with a box in the chart is a strong demand area. Price is struggling to hold on support, there is also the mid-term uptrend line have been touched (Dashed blue ray)...
The chart is obvious. There is a long position which emulate my order. I'll try to update the idea.
DATA is one of the good tokens to swing with it and take short-time profits but now there is dense on the chart, so it seems mid-term is going to make all the holders happy. I will hold some. December could be a great month for this undervalued project. My targets: - 1st: $0.24 - 2nd: $0.33 - 3rd: new ATH around $0.5
Consider price action and take an action :) I will update the idea based on the next price actions, but for now it seems bullish.
The price has met the middle of the channel (dotted line) and Trend A therefore, I expect a pullback to the $3600-$3700. Also, the nearness of the level $4000 is another confirmation for the pullback idea. $4000 is an important level and can act as a resistance. I will enter when the pullback occurred. Stop-loss is around $3300 and the expected profit zone will...