The general stock market did impressive moves in last 2 years but now it comes the time to cool off and move down. This in general could be very volatile and with sharp moves in both directions. In the coming weeks it will be great for day traders but not for swing positions.
This might play out slowly into next several weeks and break out of the wedge. SL based on your risk profile.
ANC did a good exit run and now is time to cool-off. The old chain of LUNA is not going to recover and logically ANC (without the mechanism of UST) shall go to ashes. SL based on your risk profile.
I have been watching LSK (Lisk) for a while and this coin for me is one to watch. It has been in this massive triangle and consolidation since March 2020. It is a long term coin to buy and hold or simply said Position trade. The break of this triangle could be big after such big consolidation period. Overall the buy targets are marked in purple. SL - Based on...
The DXY is on very important zone and it is consolidating around the support line in Falling wedge formation. This is a very powerful pattern and also a bad for Crypto. Meaning that the value of USD increases and it pushes the price of crypto down. We have very similar pattern which broke last year around march and be sure that everyone saw it already. Be...
In this fast pace in crypto ALTs run we need to make fast decision. What step to do...wait for BTC correction that may be in next weeks or get the next alt coin to run. Following my 2017-2018 memories I then realized that you have to take the fastest horse and just ride it until reach its peak. STORJ is just my next big and fast horse. Let's ride it for a week or...
KAVA consolidated quite well over the time and did a double bottom pattern on daily, after the break of the big wedge. Such price action is a good base for run and I expect slow climbing of KAVA. This is a good SWING trade idea. Take with risk management! Good luck!
ALGO is at a very good place for swing trade long. It already broke out of Daily high after good consolidation. Wait for pull and be ready to long it. Entry: ~0.32 EUR Target: 0.45 EUR SL: Based on your risk profile GL with trading! Let's hope BTC to not drop like a rock and stops ALGO party :)
It already retraced to near double bottom formation and now is ready to break the bearish trendline. Entry ~0.30 EUR SL below 0.27 EUR Target ~0.45 EUR Let's try to catch this momentum and hope for a good run. Happy trading and holidays!
MLN consolidated quite well and we can see a break any moment!
KAVA finally broke the resistance and now is showing some nice movement. I waited carefully for retrace and I am ready to enter in the range of 1.4-1.45 Once big concern is whether BTC is about to correct or now. Anyway my SL below 1.35 is for that reason. It already retraced near the entry point ~1.4 EUR. SL below 1.35 Target 1.7-2 EUR Good luck with trading!
MLN did a complete falling wedge + double bottom on 1D chart. It reached to support points and from here we can expect some upward movements. Entry point: 18.6 EUR SL: below: 18 EUR Target 1: 22 EUR; Target 2 - 27 EUR Good luck!
KAVA is doing great and it breaks the current formation at ~1.75 EUR. The coin is worth holding for a while to see what it could do but the minimum resistance I see is 2 EUR. The pattern looks like big Falling wedge and after retrace I will look for trade opportunity. For just holders good to keep the coins and watch how it behaves. Good luck with trading! Don't...
KAVA is in a really good place for small retrace as technically we reached double bottom at ~1.5 EUR. The target is around 1.7 EUR. The SL should be around 1.47 EUR. Overall this is a very good R2R place to open long with SL of course. Why now? 1. KAVA went down with nearly 17% and that is another indicator that a retrace should happen anytime soon. 2. KAVA has...
KAVA has a very good R2R trade idea. Currently they are 3 main patterns which mix in different timeframes. 1) In 1D KAVA is in big H&S pattern and "blue" line in chart is the resistance zone. IF this breaks will be the best scenario. 2) On 4 HRs frame we have a good trendline which holds the current move from 24th. If this holds in next few days will be good...
Hi, just as simple as I could explain, we are in middle of retracement which has only one purpose, to make retail investors forget about the downtrend and start thinking that bull run resumed. How I trade this: - I entered long around 300 EUR - Will Hold my ETH until 325+, then go full cash and wait for short opportunity. - I expect few big spikes to lead around...
BTC climbed up to this very nerf zone of 10.4 and for this point it may squeeze the late shorters up to 10.5 The top target up to 10.8k