TRUE BREAK THE IMPORTANT TREND LEVEL --> UP $0,30 POSSIBILITYThanks for reading this update.
True coin did break an important level, Our data shows that there is high interest for TRUE, which could break in the next time frames up $0,30, this based on the extra study we did on this coin.
We will follow the true trend to see if it's able to break.
Further study shows that this is a building coin.
This is not trading advice and will stay our view and expecting for the coming time.
Break
ETH - Building Block 🏢Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
🏢 Imagine ETH is trading inside a building, and you are currently on the fourth floor.
📌 $3500 is currently your floor/support. For the bulls to take over, we need a break above $3600.
In this case, movement up to the ceiling at $4000 would be expected.
📌 Meanwhile, $3500 is the ceiling pushing the price down to the floor around $3000 - $3100.
Which scenario do you think is more likely to happen? Which floor is more likely to hold?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
BTC - Narrow Range📦Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 According to our last analysis (attached on the chart), BTC rejected the 60k-62k support and traded higher.
What's next?
🏹For the bulls to remain in control and initiate the next impulse that will lead to movement up to 80k, a break above 70k is required.
Meanwhile, as BTC retests the 60k support, we will be on the lookout for new short-term buy setups.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
WEN BREAK POSSIBILITY
WEN shows a new increase in volume, which could be confirmed in the coming time frames.
We will follow the coin to see if it's able to confirm.
The reason for the volume is the trend data that this coin shows.
This coin is a basic choice on daily trends.
Data shows that WEN is at an important point and able to break soon.
CAKE - Good Short Trade #CAKE/USDT #Analysis
Description
---------------------------------------------------------------
+ Cake is showing overall weakness as it recently formed a lower low.
+ There is a good opportunity for short trade as the overall market is looking bearish
+ We can enter a short trade once the price breaks the support.
---------------------------------------------------------------
VectorAlgo Trade Details
------------------------------
Entry Price: 4.192
Stop Loss: 4.563
------------------------------
Target 1: 3.958
Target 2: 3.761
Target 3: 3.426
------------------------------
Timeframe: 4H
Capital Risk: 1-2% of trading capital
Leverage: 5-10x
---------------------------------------------------------------
Enhance, Trade, Grow
---------------------------------------------------------------
Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
HOT CAN SHOW HISTORICAL INCREASEHot seems to have an interesting volume, which could increase with the coming time frames, we will follow the trend to see for new changes in data.
will the trend follow FLoki, SHIBA's last hype? The chance is there high.
we did update before about Floki with same update
BTC - When in doubt; Zoom out!🔎Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 After breaking above the $70,000, BTC is heading towards the next potential round number at $80,000
How high can BTC climb?
The marked red arrow represents a significant resistance and overbought zone as it marks the intersection of the upper red trendline and $80,000 round number.
🏹 Thus it would be a robust area to anticipate a potential reversal.
Meanwhile, as long as the 70k holds, a continuation towards the 80k would be expected.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
CAN TURBO GO FOR THE NEXT 100%? CYCLE TRENDTURBO seems one of the volume coins of the moment but it needs a confirmation trend after the last 50% increase.
We will follow TURBO to see if there are possibilities in trend.
It's a high risk to enter coins when it's already pumped.
It seems that turbo has an unexpectedly strong cycle trend.
Waiting on breakout for LONG Trade - ARBBINANCE:ARBUSDT (1D CHART) Technical Analysis Update
ARB is currently trading at $1.8838 and showing overall bullish sentiment. Price is playing inside the triangle and tested the support zone multiple times and now its looking to bounce back from the support. This bounce back could break the resistance. We are looking at a LONG trade if the price breaks the resistance line.
Entry level: $ 2.2188 (after candle close above this price)
Stop loss level: $ 1.7284
Target 1: $ 2.395
Target 2: $ 2.624
Target 3: $ 3.024
Target 4: $ 3.6069
Max Leverage: 3x
Don't forget to keep stop loss.
Follow Our TradingView Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts.
Cheers
GreenCrypto
Break, Retest, Confirmation with 4H Fib RetracementPrice tested the 4H Support which coincides with an Order Block and 0.5 - 0.618 Fib Golden Zone. Price is in an upward trend. It broke the 4H Resistance too. I think it will retest the 4H Resistance and head towards the Daily high at 161.444. After bullish candle confirmation on the 5 or 15 minute timeframe, I will enter a BUY and target 1:2. TP at 161.44. SL 159.557.
If it breaks and retests the Daily high, it may head to the Weekly Resistance at 163.487. I will follow the above and wait for the retest and confirmation before entering a further Long.
Alternatively, Take Partials at 161.444 and let it run to the next Key Level at the Daily Resistance.
Always use proper risk management suited to your account size. Do not over leverage!
BTC - Bulls Took Over 📈Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
In accordance with my previous BTC analysis, we were awaiting a break above the blue zone or below the red zone to determine the next movement.
📈 This week, the bulls won the battle by breaking above the blue structure at 44,300.
Therefore, we anticipate further bullish movement toward the 48k - 50k resistance zone.
📉 Unless the bears manage to break below the blue zone again, in which case we would expect BTC to return inside the range, resulting in a movement toward 42,000.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
DYDX - Enjoy The Ride 🚗Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 DYDX has been overall bullish , trading within the rising channel in blue.
Currently, DYDX is undergoing a correction phase and it is currently approaching the lower blue trendline.
Moreover , it is retesting a strong support zone marked in green.
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the green support and lower blue trendline acting as a non-horizontal support.
📚 As per my trading style:
As #DYDX approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
ETH - Patience Is Key⏱Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
ETH has been stuck inside a narrow range between 2200 and 2400.
📈 For the bulls to take over, we need a break above the 2420 structure marked in red.
In this case, a movement till the 2670 would be expected.
📉 In parallel, if the lower blue and trendline and the last major low at 2170 marked in green are broken downward, we will expecting further bearish movement till the 2000 support.
For now, we wait ⏱
Which scenario do you think is more likely to happen? and why?.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
THIS IS HOW BTC WHALES ARE ABLE TO BREAK BTC TO 48KThanks for reading this update.
For the day traders know that BTC can have unexpected movements and that a time frame movement means not a building trend. historical and TA shows that it's very hard to predict the right moment of increasing and breakdown trend of BTC since trends can go in different ways to the goal. The turtle way is one of the ways that BTC can be used.
That's why we follow the trend in full options With the high possibility trend with data .
Depending on our study we expect that BTC has a high chance of breaking to 48K with the volume whale trend. The Volume can start from the area of 44K. this way can go stable with different low time frame changes until BTC hits the main goal of 48K.
The monthly chart view shows interesting data between a 15-20% increase possibility for BTC for this month, and that makes this a new confirmation that BTC is starting to have.
a new volume can bring BTC powerfully to the 48K Target including.
As writing this update BTC is below 43K . We expect that there is the highest chance BTC will overclock this 42K and that BTC will get a break increase that will bring BTC to 43.8K, from there BTC will enter into an important area of volume, and a bullish trend of 44K, which could make the trend much faster to the goal main update of 48K
This is not trading advice. It's important to understand that the movement of BTC is unexpected and that following the trend one of the best ways is.
EURJPY - Potential Bearish Control 🐻Hello TradingView Family / Fellow Traders,
📈 EURJPY been overall bullish , trading inside the blue channel and it is currently approaching the upper blue trendline.
Moreover, the zone 159-160 is a robust resistance zone.
🎯 Therefore, the highlighted red circle represents a significant area to consider for potential sell setups , as it marks the intersection of the red resistance and upper blue trendline.
📚 As per my trading style:
As EURJPY approaches the blue circle zone, I will be actively searching for bearish reversal setups to capture the next bearish impulse movement.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
CHFJPY - Already Over-Bought 🌙Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📉CHFJPY has been overall bullish trading inside the rising wedge in blue, and it is currently approaching around the upper bound / trendline.
Moreover, the zone 170.5 is a major previous high.
🏹 So the highlighted blue circle is a strong area to look for sell setups as it is the intersection of the green major high and upper blue trendline acting as a non-horizontal resistance.
📚 As per my trading style:
As CHFJPY approaches the blue circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich