Bullish outlook on USDSGDUSDSGD broke above its descending trend line and is sitting on a key support area at 1.32000 - 1.32100 where we could see a pullback to test this area and further upside after. Looking to play a bounce above this area to resistance targets at 1.32580 area and 1.32820 area.
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Algotrading
Show of hands time. Who else is in GBPAUD buys 🙋♂️Morning traders.
Second idea of the day already.
Our script overnight has alerted a GBPAUD buy.
Entry details are shown on the chart.
We're only looking for TP3.
Trade history can be seen below this trade idea too for full transparency.
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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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The stats for this pair are shown below too.
Thank you.
Darren
Anyone else is in AUDUSD sells 🙌📉👍After a successful long trade closed our script a few hours later said it was time for a sell.
That trade is now in full swing.
Entry details are shown on the chart.
We're only looking for TP3.
I covered the previous sell trade in an idea earlier this week.
This trade has now closed for a profit as the 'buy' opportunity has presented.
Trade history can be seen below this trade idea too for full transparency.
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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.
------------------------------------------
Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
Interested in access to my strategy so you can be in these trades the moment they're valid? Drop me a DM .
The stats for this pair are shown below too.
Thank you.
Darren
AMC BACK TO 20$?AMC's U.S. prospects heading into the Memorial Day weekend are also looking brighter, with domestic coronavirus cases falling and vaccinations rising.
AMC shares gained last Tuesday alongside other meme stocks as day traders renewed their bets on shares of companies they feel they can collectively move higher.
On May 13, AMC said it completed an offering of 43 million shares. The offering brought AMC $428 million of new capital, before commissions and fees, at an average price of $9.94 a share.
Looking at the oscillator you can see we are getting ready for a wild ride ..
ALGO/USD Possible Bullish Bat PatternTaking a look at ALGO/USD, it looks to be completing the C wave of a Bullish Bat Patten. Normally, I don't necessarily like to trade harmonic patterns, gartleys, or bats in the crypto market. It is a good tool for really technical traders who want to find a spot-on target. However, the crypto market is too volatile to expect such things. So I tend to stay away from them and look for mid-long term trends, patterns. That being said, expect this bullish bat pattern to trade within a range. You can use this pattern to find an entry range towards the end of wave c, and catch point D heading back up. Furthermore, point D, the completion of this pattern, coincides with the main trend line marked yellow. I would look to enter just above this point if you are looking to get your order filled.
Fibonacci Analysis: It's always nice to see the initial correction bounce off the .618 in a bull market, which ALGO did, as seen with the blue arrow. But in this case, we will just use this as a sign that ALGO is trading healthy and keep an eye out for these key fib levels. I usually like to use these key fib levels in beautiful elliot wave patterns, not necessarily bat patterns.
Hidden bullish divergence: IF this pattern continues down to the yellow trend line or around that area, I would expect the RSI to achieve a lower low. This would still indicate a higher low in price. This would confirm a hidden bullish divergence. If this is true, then we could say that ALGO is in fact bullish on several levels.
Conclusion: Bullish Bat pattern, bullish fib bounce, hidden bullish divergence. Great entry point around POINT D. Can take profits at previous high and above. I will stay neutral for now because I do not short. But I will say LONG at the completion of this pattern. Of course...... I could be totally wrong.
Have a look ... +150% potential for Algo 👌technically, we wont see Algo under 50 cents again unless bull run is over n actually it is not yet.
Algorand fundamentally from strong projects that have a great technology that's why it jumped from 8 cent to $1.80 !
82 cents is strong support n will hold in the worst correction scenario.
Algorand is a prefect choice for long term investment, it may rich 6$ n $9 maximum in the near longterm.
but we still have a great potential to go up.
Try to have some in ur portfolio.
✅ Buy: 1.25 - 1.00 ✅
🎯TARGETS:
1- $1.58
2- $1.80
3- $2.40
4- $3.30
💵 Trade Size: 5-7% of Portfolio
🚫 Stop loss: daily candle close below 0.825
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BTC AI Bot Purchase 13 May 202113 May 2021. AI is predicting that the close of 12 May 2021 will be a bottom and has purchased during the opening. Looks like there was a "flash crash" and the filled price was at 46949.18. This is quite far from the closing price.
The candlestick chart shows the spike.
Previous boxes show past trade results.
The curious case for #ALGO #AlgorandSteady as she goes nice and slow right to the moon... eventually.
Slow accumulation channel for the inevitable future?
and I'm okay with the steady gains in fact i'm down right happy.
Trending with on chart analysis, more and more folks are jumping into the passive income train through staking
(ie high dividend re-drip investments).
This is quickly making ALGO a go-to coin for hedging a savings account against fiat.
I will be watching #Crypto Algorand's career with great interest.
What do you think about COINBASE:ALGOUSD future?
And dont forget the COINBASE:ALGOBTC looks just as promising!
-Cheers
Bruce
ETH AI Bot Purchase 13 May 2113 May 2021. Price finally went down and the bot thinks that the close of 12 May 2021 is the bottom. Trade was executed at 3586.40 during the open and the price was so much cheaper than closing (flash crash?). This is unusual but favourable.
Candlestick chart to show the spike during the opening.
Boxes show previous trades by the AI Bot.
Gold Analisys 2021-05-12The Algotrading Multiday system is: long from April 9, 2021 from $ 1743.3
position performance: 5.19% The Algotrading Multiday system is: long from 9 April 2021 from $ 1743.3
position performance: 5.19%
YTD performance: 3.44%
1 year performance: 11.39%
At the end of the day: maintain position
Graphic Analysis
Yesterday the prices fell to support 1816 and then recovered and returned to the 1829 - 1840 sulito range.
Support 1829 has now been broken (signal of weakness)
Supports:
$ 1829
$ 1816
$ 1800
Resistance:
$ 1840
bearish channel upper band (red line)
But I wanted to expand the graph to make some reflections with you:
The long-term upward trend began in 2018, within which we find a medium-term downward trend that started from 3 August 2020.
At the current level we are on the upper band of the medium-term bearish channel .
The situation is very delicate as at this level it could lose strength and return to the 1720 - 1760 area where it would find the lower band of the long-term uptrend channel .
Another possibility is the overcoming with decision of 1840 and this would lead to rapid extensions towards 1900.
ETHUSDT at an ATH, Is it the top or we got more to see ?ETHUSDT analysis on 4H timeframe, with three EMA's 20, 50 and 200.
These three EMA's have crossed over, which shows a bullish momentum.
Ethereum achieved an ATH at $4370 recently. It has an immediate support level at about $4000 and if it holds this level, it's going to see another ATH soon. On the other hand, if this support breaks it could see a downward movement till support1 which is at $3870.
RSI is once again trying to reach the overbought zone, and stay there for a while if it sees a good volume.
If it holds the immediate support level, it is a good place to buy on spot or go long on your futures exchanges.
Always DYOR, use good risk management for your trades.
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Happy Trading
BTC AI Bot Purchase 10 May 202110 May 2021. BTC AI Bot has predicted yesterday's close (9 May 2021) as a potential bottom. The position was initiated at 58306.82. As of midday, the price is up. If it closes this way, then the bottom was called correctly.
Boxes are the bot's previous trades since March. Green boxes are gains, the red box is a loss.
Remain Long / Hold Till Trend Lasts Algorithmic trading (also called automated trading, black-box trading, or algo-trading) uses a computer program that follows a defined set of instructions (an algorithm) to place a trade. The trade, in theory, can generate profits at a speed and frequency that is impossible for a human trader.
Link to Avail Subscription MT4: $30 / Month
Nasdaq Analisys 2021-05-10The Algotrading Multiday system is: short from May 4, 2021 from 13633.5
position performance: 0.40%
YTD performance: 10.29%
1 year performance: 41.53%
At the end of the day: maintain position
Graphic Analysis
Currently the prices are testing the support 13600, if in close the level holds then tomorrow it could rebound, otherwise there is a risk of going to test the lower band of the medium / long-term bullish trend line
I recommend observing, discussing, but as always for the operation always use your head !!
ETCUSDT looks healthy. Let's do pyramid profiting What is pyramid profiting ?
When we add to our existing profitable positions, while managing risk properly, that's the way to pyramid profiting. Pyramid profiting is done when we see a healthy trend be it bullish or bearish. While bullish, we add to our existing longs, and vice versa for bearish. Basically, we are taking advantage of trends by adding to our position size with each wave of that trend.
I see a chance to pyramid profit on ETCUSDT on 1H chart.
If you see, ETC has shown good upward movement recently and achieved an ATH at $179, after which it declined a bit and seems to make another run upwards.
Opportunities like these, are good for pyramid profiting, when there is a chance of a strong continued trend.
Money Flow Index looks to move up, and if good volume emerges it could see another leg up breaking psychological level of $200 and beyond.
Traders can open a long position, or buy with some percentage of their portfolios, and add to their positions when it reaches defined targets. SL can be used accordingly. Always do your own research.
For more ideas like these follow us. Visit Tuned to create strategies with pyramid profiting.
Happy Trading
ALGO/USDT What do you think !
Is time for breaking the dynamic resistance and go to the top ?
I think it had better take another correction and then go to break this resistance!
Anyway, be careful and if you have this coin, save the coins and if it breaks its resistance, you will complete your purchase again.
Drop some feedback below in the comment!
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Thanks for your attention 🙏!
Trade well, ❤️