DOT: BUYING HERE IS A VERY LOW RISK AND HIGH REWARD!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this DOT/USDT update. DOT looks very promising here and looks like hovering near the bottom.
DOT is trading inside a symmetrical triangle in the 2-day time frame. Currently, it is moving near the lower trendline of the triangle. So buying here will be very low risk. Buy some now and add more in the dip.
Entry range:- $17.5-$18.5
Target1:- $22
Target2:- $26
Target3:- $32
Target4:- $38
SL:- If any 2-day candle closes below the triangle or closes below $17 then I'll exit.
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Also, share your views in the comment section.
Thank You!
Bottom
AMD: Is it a buy right now? Let's see what the charts say.Hello traders and investors! Let’s see how AMD is looking today!
First, in the 1h chart, it is doing a good bullish reaction. It seems we have a Rounded-Bottom after a massive sell-off, and this indicates that the bears are starting to get exhausted, and it is trading at discounted levels.
To me, AMD could hit the $ 124 again, however, I’ll set a target at $ 118.60 (the gap area, as evidenced by the yellow square), if it breaks the $ 110.57, and trades above it for a while, consolidating a reversal.
Trading above the $ 110 would be interesting because the market may see the last bullish leg just as a retest of the 21 ema to drop more again, aka Dead Cat Bounce.
What’s more, by breaking the $ 110 it has decent chances of breaking the 21 ema as well.
In the daily chart, we see that AMD is dancing around the 61.8% Fibonacci’s Retracement, and if it closes above it in the next few days, I’ll see it as a sign of strength. The 61.8% retracement is at $ 110 as well, reinforcing our thesis that this is the most important price level to break.
We can see the Gap in the daily chart too, and this is why I think it is a relevant target to work with.
I’ll keep you guys updated on AMD, so remember to follow me to keep in touch with my daily analyses!
AAPL: Did a Rounded Bottom above our support level! What's next?Hello traders and investors! Yes, AAPL found a support level at the $ 172 area, the support level I mentioned in my last analysis, and it is reacting nicely since then! Let’s see what’s next for us.
First, the pattern AAPL did last Friday is called Rounded Bottom, indicating some bullish reaction. This reaction was good, but AAPL is not completely bullish in the 1h chart yet. Since we lost the green trend line, AAPL looks exhausted, and that’s fine, as it recently had an incredible rally – one of the best in the last 20 years.
To me, AAPL must do a clear bullish pivot point in order to fly again, as the $ 179 is there, and this point could be an annoying resistance which I doubt the Rounded Bottom alone will defeat.
In the daily chart, the correction was quick and short-lived, and it didn’t even hit our support levels at the 21 ema, or the $ 168. To me it could’ve corrected more, and it still could, but we must lose the $ 172 in the 1h chart before assuming this. Remember: always wait for confirmation.
Either way, the trend is clearly bullish in the daily chart, and we don’t see any bearish structure that could trigger a pullback or a reversal on it.
To me, the 1h chart is going to dictate what’s going to happen next, and the most important support level is the $ 172, and as long as AAPL stays above it, it won't turn bearish. I’ll keep you guys updated on this, so remember to follow me to keep in touch with my daily analyses!
ETH/BTC Looking Bullish! Alt Szn incoming? ETH is at local resistance + a high volume node, trying to break out and confirm an Adam & Eve bottoming pattern and continue it's macro uptrend. If it breaks above this area, there is lower volume above which means it will face less resistance if/when it moves towards the upper trend line. We're also seeing increasign volume on increasing price - also bullish.
ETH/BTC chart is important, not just so you can balance your long-term portfolio towards whichever is outperforming,
but also because ETH/BTC is a powerful indicator for the strength of Altcoins, in general. When ETH rallies (and BTC.D falls), alt season is on-- so don't focus solely on ETH; there will likely be other coins & small caps that outperform it in these mini alt cycles, if you know where to look.
It's hard to ignore the doom and gloom of macroeconomic factors that have beaten down the markets recently, and those of us who have been around since 2017 may be suffering some PTSD from the hopium rallies at the start of the long bear market, but there's good reason to believe we wont see such a long/devastating bear market again. Nobody knows, so try to focus on the PA.
Charts are looking bullish, so maybe it's time to be bullish. Even if it's short term, there's lots of good trading that can be done in these mini cycles. just keep stops in place and don't get rekt.
happy trades
CD
$GALA 4h_lng_trlngstop tp01: 0.30$GALA long in play.
Adam and Eve / Rounded bottom
Filled at MA cross.
Employ trailing stop.
tp_01: 0.30
ADA is gonna Reach 1.8$ One way or another.🌳ADA has been able to form a Rounded Bottom and It has not been Broken Yet but we can Hope It happens Soon and Satisfy Holders ! There are 2 Bullish Scenarios, One Is That The Price would Start to Increase From Here and reach 1.8$. another one is that the Price wouldn't be able to Break this Pattern and would Want to Do a Little More Correction.In that Case a New Pattern Will be Created which Is called a Cup and Handle Pattern.This pattern will Result in the Same achievement and The Expected Price (1.8$). So In Summary The Price Is gonna Reach 1.8$ one way or another.
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Thank you for seeing idea .
Have a nice day and Good luck
ZIL can Reach 0.08$ and there are 2 Bullish Scenarios!🌳ZIL Has been able to Form a Rounded Bottom! Right now There are 2 Bullish Scenarios. One Is that a Bullish Break out Happens Right away & The Price would Increase as much as the Measured Price Movement (The Length Between The Top & Bottom of The Rounded Bottom) another one Is the Price would Do a little more Correction Before Ascending further. In That Case The Price will Create a Cup and Handle Pattern and After That The Price will Be able To Increase . In Both Cases We can Expect the Price to Reach around 0.08$ Which Is a Pretty Strong Resistance as well.
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Thank you for seeing idea .
Have a nice day and Good luck
My wishful thinking analysis of Vechain VET-USD hopium VET-USD
I've projected the moving averages to illustrate how long will take VET to start going up again.
hopefully, October will be our bullish month.
I also traced FIb extension to mark my targets. $1.20 will take at least a year.
Finger crossed hahaha.
I want to hear what you think.
Cheers.
Top or bottom ? - MAJOR confluence in index futures:Chart shows the combined 3 index. They are weighted so that a 1 point change will imply the same change in $ terms. (For weights see www.barchart.com
In the red box is a confluence of:
Support from 3mo chart (previous 2 candle) in purple
POC of Volume Profile
0.5 Fib of recent HH and LL.
Redbox marks current swing high and low
The Prediction:
Expansion of range
Direction: I assume random
SOLANA Slope RSI at an extreme pointThere has not been a pattern to confirm the bottom yet and it would be unwise to enter a trade right now but we the indicators are telling me that the bottom has been reached. The honey Cypher VWAP is at a very low point, the previous time it reached this level we got a massive move to the upside. At this point we had a double bottom formation which further increased the likelyhood of a strong trend.
My strategy here is to wait for a reversal pattern to surface and enter a trade with a very small stop loss, -2% with a TP1 5% TP2 10% and a trailing at 3% with -3%. You could also enter a trade the moment a reversal brick get's printed but that is less reliable than the patterns.
Link to the bounded slope oscillator.
ADAUSD Double Bottom Play for ReversalImportant things to note:
I am going to start posting my main market overview in a BTC chart instead of cramming everything into an ADA chart.
I will be posting alt charts throughout the week (this just makes sense structurally).
BTC looks rather good from every angle (on chain, technically, and in the macro space).
I bet in early Feb that BTC was going to 53k in March and here we are so that is what I am expecting.
Not only is volume going up for BTC but alts in general.
ADA has gotten beaten down for some time and nothing lasts forever.
ADA has not seen a substantial increase in volume.
ADA is sitting at last support before a drop to next support.
A bullish scenario would be a retest of support (on going currently) and a reversal.
This retest will tell us a lot about the market level of ADA.
Hey everyone, I'm back! A lot of you have been wondering where I have been so let me update you. I have been spending my time in both crypto and tradfi, trading derivatives aggressively with friends primarily. The volatility has been high so February was the time to harvest some sweet premium. People that have reached out to me in the month that I wasn't updating knew I was still here watching the charts. I really didn't see much need to update anything other than saying buy everything you can, which I have been doing as you are all aware. I do not have much time so I am going to change things up a bit. I will be posting my main market overviews on a BTC chart from here on out because that just makes more sense. I will be posting my alt charts throughout the week including ADA. I have to admit though, getting a chart taken down for mentioning something I am trying to put together to help you guys really soured me when it comes to putting out charts on TV. Especially considering I put a lot of thought and effort into this with the limited time I have. Hope you understand.
The market and ADA - BTC looks great on chain, technically, and has found its place in a harsh macro environment. This was proven by the fact that it held at a very important level. Supply is great and since the only thing we were lacking was demand, the fact that volume has been increasing is a good thing. I can also see the bid sizes looking very healthy. I had BTC pegged in early FEB for a double bottom reversal and a 53k target in March. We got the first part and now waiting on the run to 53k, flipping sentiment. ADA has had a rough go of things as of late. Every time it has found support, it has gotten beat down tremendously. It is currently sitting at the last support before a fall to 45 cents with a brief retest of 75 cents. This next retest of support is important. Mostly because it will determine if ADA can reverse course or fall to the next range (45 cents). Since I believe the BTC reversal is upon us, obviously I think this retest will end up in a double bottom, and a slow grind upwards until alt season hits. This will cause ADA to range primarily until the bit jump up, which will likely be just as fast as the last. A lot of the price action has to do with the fundamentals of a slow growing chain, fortunately or unfortunately depending on how you look at it. Thanks again everyone!
So, tell me what you think!
This is not financial advice. Do your own due diligence.
LINK/USDT - bullish reversal pattern close to breakoutLINK/USDT is currently right at the tip of a falling wedge after having quickly pinged the macro 0.786 fib level which makes me very optimistic about this being the bottom and seeing a successful reversal. In addition to that we can also see significant bullish divergence on the daily which ranges back to December and further increases the odds of a textbook breakout which LINK tends to have especially with falling wedges (examples can be seen in my earlier charts linked below in the related ideas section).
On shorter time frames LINK is currently forming an inverse H&S which combined with the falling wedge makes for a great reversal pattern which produces consistent results and is close to completion.
LINK/USDT 1hr:
Since LINK is a long-term hold for me I usually don't use stop losses and mainly look for prices to accumulate more but for a swing trade I'd consider one slightly below the last 0.786 ping since losing that level would render it a descending triangle breakout and likely lead to a longer bear trend.
Please note that the price projection is just that and should only guide as a visual aid for the direction I expect it to go.
With staking said to release this year this looks like a great opportunity to stock up on some LINK at a discount before the action starts.
Best of luck with your trades and let me know what you think!
LINKBTC - close to the bottomLINKBTC is near the tip of a falling wedge which have a bullish bias and it's very close to the daily 200 SMA.
We can see bullish divergence on almost all timeframes and the 23500 - 25000 range is a zone of major support.
The parabola for LINK/BTC is still intact and it's very close to it.
This all points to a reversal in the near future and looks like a great zone to accumulate for long-term positions.
Let me know what you think and best of luck with your trades!
HEX could turn bullish if...HEX current price is 14.05c
I think the Ukrainan war max fear has gone . If things won`t escalade ,and more countries will step in ,I think there`s a decent chance markets will find a bottom soon . If things will escalade ,then your last worry will be crypto prices ,and you can threw out of the window all TA`...
Hex needs to close above old support 17-18c c (daily ,preferably a weekly candle close) but even 16,5c is good enough to turn NEUTRAL.
23,5c-24c (thats where the 21 weekly EMA is ,but also horizontal S/R) is another major resistance .If you see prices higher then 23c ,thing could turn really BULLISH
In the past 24-48hours, HEX had all the reasons to go under 10c ...didn`t happened and now there is a decent chance price could form W bottom around the 12c (no bullish divergence tho) and go back to at least 16-17c.
Falling wedge on the Weekly VECHAINWe have this beautiful falling wedge on the weekly chart.
As we all know Vechain has great fundamentals but the price is falling like rain, but i think we are at the bottom, because of this falling wedge on the weekly.
I have missed the train and bull run for vechain and now i am happy to have this opportunity to buy that great project so cheap.
The price target should be at the top of the wedge which is 25 cents but i think we can go way above that if the bitcoin goes up which i think it will.
What do you think about this falling wedge?
Feel free to leave a comment.
If you like my ideas please follow me and like the post because i am posting every day and you can find always something interesting on my profile, i am new to Treadingview but i have 6 years expirience in trading.
VET TO THE MOON!