[BYBIT:BITUSD] [Day Trade] 2022-8-29Hello fellow traders,
Practice good risk management!
Anything can happen.
In order to make money, it is not necessary to know what will happen in the next moment in time.
For any given set of variables that define competitive advantage, there is a random distribution of failures and successes.
Competitive advantage is nothing more than an expression of a higher probability of the course of events developing in a certain way.
Every moment of the market is unique in its own way.
You alone are responsible for your trading – both gains and losses.
Good luck and happy trading!
Bybit
September 1 BTCUSD Bybit Chart Analysis.
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Only 30 Min chart ,
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I will begin BTCUSD Bybit Bitcoin Chart Analysis for September 1.
Bitcoin 4 hour chart.
Today's approximate Top and Bottom prices are displayed.
A new last support line has been created at the bottom.
around the green support line
I have marked the red up/light blue down movement path.
A long-term downtrend is underway on the Nasdaq.
Whether or not Bitcoin will continue to couple seems to be the key.
The Nasdaq continues to be short, so there are many concerns.
Ignoring the wave/pattern and suddenly there is a downtrend
It seems to be more important to understand the movement based on the support line rather than the movement path.
There are two indicator announcements at 9:15 pm / 11 pm today.
Likewise, all indicator announcements should be viewed as bad news.
Based on the above, I made today's strategy.
This is a 30-minute chart one-way neutral strategy.
Until the direction is revealed for the time being, we plan to proceed in both directions.
The Nasdaq shows no signs of rebounding today.
There was a lot of trouble because it was falling without giving a short entry position.
Currently, there is no minimal rebound on the Nasdaq.
The possibility of a vertical decline should be taken into account.
The release of the indicator was judged as a bad news.
Even if the good news comes out today, it doesn't look like it's going to go up much.
* When the red arrow moves
Long -> Short -> Long Switching Strategy
1. 20007.5 USD Long position entry section / Stop loss when departing from the green support line
2. $20547 short position entry section / Stop loss when the red resistance line is broken
3. 20009 dollars long position switching / Stop loss when the green support line is broken
The sky blue support line is the last uptrend line we have just created.
From the departure, only a downward wedge will remain.
A good movement should come out of the beat,
There seems to be a good move in major altcoins as well.
For the time being, on condition that you do not deviate from the danger zone
Minor Alt Circulation Pumping -> Major Altcoin
And when Bit was bullied
I don't think there will be a rebound or further decline.
I have to substitute the Nasdaq movement,
Chart analysis is much more difficult than it looks.
Beginners might be better off watching.
If you are not in the process of entering,
In the afternoon, we recommend that you run only one short one-shot, one-kilo.
You may want to try a single trade or reverse trade.
For the time being, it seems to be advantageous to operate short-focused until the light comes out.
My analysis is for reference only.
Principle trading / Stop loss is essential, I hope that you operate safely.
thank you.
August 31 BTCUSD Bybit Chart Analysis.
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It’s BitcoinGuide.
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Only 30 Min chart ,
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I will begin BTCUSD Bybit Bitcoin Chart Analysis for August 31.
Bitcoin 4 hour chart.
The evening trend followed the Nasdaq and plunged for no reason.
After yesterday's double touch,
In the morning, beat rebounded to somehow survive alone
Ignoring charts, patterns and waves
They are giving and receiving each other in a narrow range of fluctuations.
It is a movement to see if chart analysis has any meaning.
It is currently undergoing a V-shaped rebound.
Touching the red resistance wire
All patterns that were broken yesterday are restored.
Today's approximate top price and bottom price are displayed
I want to put the bottom near the green support line, but
Due to the whims of the Nasdaq, I proceeded to the bottom with room.
Check the red upward / sky blue downward movement path centered on the purple support line
I made today's trading strategy.
Arrow movement path, one-way long position strategy.
Non-fat short according to Nasdaq / Long non-fat in the morning
Now, all movements can come out.
This is the place with the most junctions.
I thought the analysis would take all day, so I decided to win.
There are no indicators to be announced today, so don't worry about bad news/collapse.
Nasdaq is also rebounding.
We focused on vertical rise with a probability of about 5%.
It is a strategy that ignores sideways or vertical declines.
Please refer to the main support lines.
* When the arrow moves
Long -> Short -> Long -> Short -> Long Switching Strategy
You can operate the switch in the middle by yourself.
I started with a long position chasing $20361.5.
If it breaks the purple support line,
Note the green support line.
At the bottom, we boldly raised the price to the bottom.
1. 20361.5 USD long position entry price / Stop loss price when the purple support line is broken
2. $20782.5 short position switching / Stop loss when breaking through the sky blue resistance line
3. 20449 long position switching / Stop loss when the purple support line is broken
4. $21178.5 long position target and target section
The last short position operation section is operated autonomously.
If today's strategy is successful
On spot exchanges, good moves can come from major altcoins.
My analysis is for reference only.
In principle, stop-loss is essential, I hope that you operate safely.
thank you.
August 30 BTCUSD Bybit Chart Analysis.
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Only 30 Min chart ,
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I will begin BTCUSD Bybit Bitcoin Chart Analysis for August 30.
Bitcoin 4 hour chart.
In the main section
Yesterday's green support line -> changed to sky blue support line
12 hour chart MACD Golden Cross waiting /
We are watching the Nasdaq ahead of a Gap retracement at the top.
Today's approximate top price and bottom price are left.
around the purple support line
Check the red up/light blue down movement path
(If the green support line is touched, it will be secured sideways)
I made today's trading strategy.
This is a 30-minute chart one-way long position strategy.
Overall, it was a bet on a right-to-right rebound.
Unless there is a vertical decline or strange movements on the Nasdaq
Because the turnover rate is fast, it seems to be realistic to some extent.
Until the green support line, it could be a sideways movement
It can be dangerous from the standpoint of long positions from departure.
please note.
* When the red arrow moves
Long -> Short -> Long -> Short Switching Strategy
2025 Starting with a long position chasing $9.5
1, 20645.5 USD short position / Stop loss when breaking the red resistance line
2. 20417.5 USD long position switching / Stop loss when the purple support line is broken
The final target is $20765.5,
You can voluntarily operate short positions according to the situation.
There is one short position entry in the middle.
I think it would be good to see it as a short to take a long position entry.
Today at 11 o'clock there is an indicator announcement.
It doesn't seem very important
In the future, we will proceed as we judge that all indicator announcements are bad news.
In the case of the spot exchange, as mentioned in the morning
I think it would be good to see that you are switching from Job Alt -> Major Altcoin.
Personally, from the real-time point of time when I am writing the analysis, Ethereum -> Ada
I don't think a good move will come out.
My analysis is for reference only.
Principle trading / Stop loss is essential, I hope that you operate safely.
thank you.
August 29 BTCUSD Bybit Chart Analysis.
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“Make it simple, make profit”
It’s BitcoinGuide.
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“Follow” me and press “Likes”.
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Only 30 Min chart ,
In real time, you can check major sections and move,
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I will begin BTCUSD Bybit Bitcoin Chart Analysis for August 29.
Bitcoin 4 hour chart.
Today's approximate top price, bottom price
The purple/green support line is the life line.
There is no proper support line at the bottom.
There are no major indicators announced today.
If it doesn't go up on the Nasdaq with ignorance
Successful rebound after minimal adjustment
Bitcoin must be coupled to reach the Top section.
The possibility of crossing over is very high.
Based on the purple support line
Check the red up/light blue down movement path
I made today's trading strategy.
This is a 30-minute chart one-way neutral strategy.
There is a very high chance of sidewalking today.
If you drop directly from the current position, you can go down to near the bottom.
Unlike the Nasdaq, Bitcoin is on the brink.
There is a possibility of de-coupling, so please refer to it.
We created a strategy based on the upper gap.
* When the red arrow moves
Long -> Short -> Long Switching Strategy
Because the last rebound touched the 3-hour support
After the rebound, it will come down again.
Except for the drop from the current position
For the rebound section, I made a strategy with the purple support line (upward) / green support line (extreme sideways guarantee).
Today's green support line is a lifeline for long positions.
1. 19800.5 USD Long position entry section / Stop loss when deviating from the green support line
2. $20675.5 short position entry section / Stop loss when the purple resistance line is broken
3. 19916 long position switching / Stop loss when the green support line is broken
The last $20910.5 long position target and autonomous operation section.
In the case of the spot exchange, I think you can only aim for short-term trading of job alts.
It is dangerous to break out of the green support line.
For beginners, it seems advantageous to watch.
Here's today's strategy.
See you in the evening Nasdaq analysis.
My analysis is for reference only.
Principle trading / Stop loss is essential, I hope that you operate safely.
thank you.
August 26 BTCUSD Bybit Chart Analysis.
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“Make it simple, make profit”
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Only 30 Min chart ,
In real time, you can check major sections and move,
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I will begin BTCUSD Bybit Bitcoin Chart Analysis for August 26.
Bitcoin 4 hour chart
There is an important indicator announcement at 11 pm tonight.
So far, the Nasdaq movement doesn't look bad.
Because Bitcoin has touched a key support line
There seems to be a high probability of a right-of-way sideways movement.
around the purple support line
Check the red up/light blue down movement path
I made today's trading strategy.
This is a 30-minute chart one-way neutral strategy.
To be precise, it is a long -> short switching strategy.
Instead, the first shot needs confirmation.
It is a strategy that ignores downtrends or extreme sideways guarantees.
Depending on whether you touch the 12-hour central line around 9 pm
Strategies can be divided.
It is difficult to see a general trend
I bet on the Nasdaq and coupling + 11 o'clock indicator release.
* When the red arrow moves
Short -> Long -> Short -> Long Switching Strategy
Unless you are entering long or short
The first wave needs confirmation.
It is also good to operate autonomously.
Even before and after breaking through the red resistance line,
The purple support line at the bottom is the long position switching spot.
I don't think it will go the same way.
1. $21426.5 long position entry section / Stop loss price when departing from purple support line
2. $22,142 short position switching section / Stop loss when the green resistance line is broken
After that, autonomously, $21739 long position switching
Today, I focused on the purple support line as a whole.
due to a vertical decline, or a Nasdaq variable.
If it breaks the purple support line
It looks like you have to watch the match in the bottom section at the very bottom.
Even if there is an important indicator announcement, there is a big movement within a short period of time.
In the end it goes according to the chart. Even after the announcement is made, there may be no movement while moving sideways.
The spot exchange showed good enough moves in this week's job alt.
It looks like you're watching.
If I had to recommend it, today's Anchor Coin looks good,
Coins with no trading volume at the bottom and coins with risk factors were not checked.
If the strategy is successful,
It seems advantageous to operate as a final major altcoin.
EOS doesn't look good.
If the beat shows a good move without breaking the purple support line
In the same way, it seems that the degree of Ethereum is coupled.
Today's strategy ends here.
My analysis is for reference only.
Principle trading / Stop loss is essential, I hope that you operate safely.
Have a good weekend.
thank you.
BTC LONG BTC LONG
entry : 19886.6
tp1) 21119.7
tp2) 21601.8
tp3) 22417.7
tp4) 22974.0
stop loss : 18983.8
lev : 5x - 3x
BNB LONG SETUP #BNB/USDT
future
lev 10x
entry 294.9
TP1 298.60
TP2 301.65
TP3 304.55
TP4 307.45
SL : 291
SL 2 : 285.7
uni/usdt 2hr rsi oversold in multiple time frames, hit support, looking to long for a swing trade, tight stop loss, and take profit at last resistance, if bitcoin recovers so will this, they move very closely together.
August 25 BTCUSD Bybit Chart Analysis.
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“Make it simple, make profit”
It’s BitcoinGuide.
Don’t forget to
“Follow” me and press “Likes”.
If you "follow" press,
Only 30 Min chart ,
In real time, you can check major sections and move,
Real-time "update I dea" can be checked.
I will begin BTCUSD Bybit Bitcoin Chart Analysis for August 25.
Bitcoin 4 hour chart.
The 12-hour chart MACD Golden Cross is waiting.
In the case of Bitcoin, it is trending right without any problems.
Normally, it seems impossible to break out of the green support line.
After all, the NASDAQ is the problem.
Until the important indicator announcement tomorrow at 11pm
It seems to be advantageous to operate with caution.
When Bitcoin is sideways in the danger zone
At the spot exchange until tomorrow evening,
You may want to try the Minor Alt circulation pumping.
around the purple support line
Check the red up/light blue down movement path
I made today's trading strategy.
30 minute chart arrow movement path, one-way neutral strategy.
Currently, the Nasdaq is in the period before and after the break of the 30-minute resistance level.
In a small wave, it becomes the spot where the upstream and downstream divide.
I can't keep waiting,
We judged that the upside strategy seemed advantageous in view of various conditions and flows.
(According to the pattern, the 12-hour bit chart MACD is waiting for a goal, and the Nasdaq is also in the process of a 6-hour goal)
When making a downward selection, I think you can see the match at the green support line.
* When the red arrow moves
Short -> Long -> Short Switching Strategy
1. $21656.5 short position entry section / Stop loss when the red resistance line is broken
(A full candle is hidden on the left, but a strong uptrend can come out when the red resistance line is broken.)
2. $21326.5 long position switching / Stop loss when the purple support line breaks
3. $22125.5 long position target and short position entry section / Stop loss when the purple resistance line is broken
Please note that there may be a pole sidewalk at the current location.
Within the marked convergence zone of the orange resistance line / pink support line
Please check the movement.
It is a spot exchange.
Until the index announcement tomorrow evening when the beat is going sideways like it is now
I think there will be good moves in Minor Altcoins.
In Upbit based on the current time
Pay attention to the movements of Ethereum Classic, Anchor, and Zilliqa.
Just watch it for fun
My analysis is for reference only.
Principle trading / Stop loss is essential, I hope that you operate safely.
thank you.
$BLZ/USDT 1HRswing traded this couple times, first time used tight stop loss but got wicked out of the trade for it to pump right after, scalping now for quick long, Target for take profit is 0.15640, with a more liberal stop loss. as this can move fast in either direction, support and resistance lines drawn , as well as fibs for reference,
August 24 BTCUSD Bybit Chart Analysis.
Hello.
“Make it simple, make profit”
It’s BitcoinGuide.
Don’t forget to
“Follow” me and press “Likes”.
If you "follow" press,
Only 30 Min chart ,
In real time, you can check major sections and move,
Real-time "update I dea" can be checked.
I will begin BTCUSD Bybit Bitcoin Chart Analysis for August 24.
Bitcoin 4 hour chart.
Touch the resistance line on the 4 hour chart
It is moving sideways near the center line of the 6-hour chart.
In the case of the Nasdaq, when a vertical decline occurs,
There can be a strong rebound.
It doesn't look like it's going to be easy.
around the green support line
Red up/light blue down movement path check
I made today's trading strategy.
This is a 30-minute chart one-way long position strategy.
At the current location, if additional adjustments are made
Please refer to the blue finger section. (A similar movement to yesterday may appear.)
Purchasing does not proceed,
After confirming the movement, focus on the additional long position
I made it on the Nasdaq indicator time, so I proceeded as safely as possible.
In the case of the Nasdaq, we focused on the right-to-right sideways movement.
When the Nasdaq falls today, there is a major rebound section.
It is likely to hit roughly near the sky blue support line.
* When the red arrow moves
1. $21321 Long position entry section / Stop loss when breaking the green support line
The final target is the top price of $2206.5.
Operate shorts at the red resistance line,
but When you break through
The marked smile section and the bright sky blue resistance line can be a long target and an upward finish.
This week is before the important data release on Friday.
It looked like a sideways move, so it was a job-alt operation strategy.
Yesterday, based on the Upbit Spot Exchange Spot Exchange,
There were good moves on Cosmos and Kyber Network.
No matter how much you look at it today,
there is nothing like the Chiliz.
After that, Cosmos and KyberNetwork look fine.
Please view my analysis for reference only and for fun.
I hope that you operate safely as a principle of trading / stop loss is essential.
thank you.
SOLANA BREAKOUT!🚀🚀🚀As You can see the a falling wedge has been formed in a downtrend which is actually a trend reversal, resulting a breakout towards the upside.
Long Position :
Entry Price - 36.7
Take Profit - 41
Stop Loss - 35.4
⚠️NOT A FINANCIAL ADVICE
August 23 BTCUSD Bybit Chart Analysis.
Hello.
“Make it simple, make profit”
It’s BitcoinGuide.
Don’t forget to
“Follow” me and press “Likes”.
If you "follow" press,
Only 30 Min chart ,
In real time, you can check major sections and move,
Real-time "update I dea" can be checked.
I will begin BTCUSD Bybit Bitcoin Chart Analysis for August 23.
Bitcoin 4 hour chart.
today's approx.
The maximum top price and the minimum bottom price are displayed,
around the purple support line
Check the red up/light blue down movement path
The Nasdaq is in the upper gap and the daily major rebound in the lower part.
It appears to be moving.
I made today's trading strategy.
This is a 30-minute chart one-way long position strategy.
Overall, the possibility of a sideways trade is very high today.
As for the Nasdaq situation,
Because the bit also touched the one-hour resistance line
If there is no vertical drop from the current position,
According to the Nasdaq movement, it seems that there will be movements in the right-to-left and to the right.
I put my weight on the right-hand side.
The orange resistance line is the center line of the 6-hour bar.
Breaking through this section is important.
* When the red arrow moves
Short -> Long Switching Strategy
1. $21611.5 short position switching section / Stop loss when breaking the orange resistance line
2. $21318.5 long position switching / Stop loss when breaking the green support line
(Check the shape of the support line in real time, and even look at the green support line for the possibility of polar sideways)
$22060.5 long position target and short position operation section
At the spot exchange
To the long position entry section
1st job alt operation section
After waiting for the second job alt re-entry
You might want to try the entry timing.
Even if the strategy is successful, the fluctuation range is not large,
I think that the bit will not make a good move in the altcoin in the risk zone.
My analysis is for reference only.
Principle trading / Stop loss is essential, I hope that you operate safely.
Thank you for reading today.
August 22 BTCUSD Bybit Chart Analysis.
Hello.
“Make it simple, make profit”
It’s BitcoinGuide.
Don’t forget to
“Follow” me and press “Likes”.
If you "follow" press,
Only 30 Min chart ,
In real time, you can check major sections and move,
Real-time "update I dea" can be checked.
I will begin BTCUSD Bybit Bitcoin Chart Analysis for August 22.
Bitcoin 4 -hour chart.
Today's approximate top price, Bottom price.
Nasdaq is broken in the mid -term pattern, and the gap is created at the top
Bitcoin generates gap at the bottom
If the trend comes out, the Nasdaq coupling will proceed,
It's already a headache.
Focusing on green support risk sections
Red color up / sky blue downside road check
I made today's trading strategy.
30 -minute chart sky blue finger oneway long position strategy.
Nasdaq, today in the central line of Ilbong
Because it has reached, even if the vertical decline comes out
It is a place where a strong rebound may come out.
And , There is a Gap section at the bottom of the bit
The mid -term pattern doesn't seem to be a big problem.
6 hours MACD Golden Cross in progress
Because the main support line is coming up at the bottom
There is no important indicator, so I'll go simply.
In the future,
If it's not really difficult,
I'll proceed neatly with oneway without a defense line.
Depending on the strategy anyway
Entry price / loss price / target price / today's maximum top / minimum BOTTOM
I leave it, but I think it's hard and complicated.
I'll go simply.
*When the light blue finger movement path
Long-> Short Switching Strategy
1. 21175 Bull long position entry section /
2. 22434 Bull Long position target and short position operating section
Even if you follow Nasp's moving
The gap is a priority.
Even if you are sideways today, or even if the vertical decline comes out
Because the bit is supported by the support line,
I think it would be good to operate on the maximum green ground line.
In the spot exchanges, if the strategy is successful
Minor Alt-> Major Switching short -term sales look advantageous.
I just ask for my analysis.
I hope that the sale / loss of the principle is required to operate safely.
thank you.
Weekly candle above the falling wedge. Which target more likely?We can see one of the most common bull/bear combos on the weekly chart here. It is the bearish H&S pattern, with a bullish falling wedge overlapping it. We have been below the neckline of the H&S pattern for awhile now, however as you can see the measured move for these and shoulders pattern is negative 589…which greatly increases the probability that we wont be getting anywhere close to 100% of the breakdown target. When bearish patterns don’t hit 100% of their target, it is a sign that either we are still in a bull market or the trend is about to change from bearish to bullish. I personally think that the 63k breakout target of the falling wedge is more likely to hit 100% than I think the h&s will. . .the fact that it is says 589 is slightly intriguing considering how that number has gained cult significance in the xrp realm of crypto but I’m pretty sure sure it would worst case scenario never go negative and instead just do what luna did and start adding more zeros after the 0. Decimal point. However I don’t think the whales would let bitcoin go to zero without at least one more exponential hyperparbolic bullrally if not several more. All these things collectively make me a firm believer the falling wedge breakout is far more probable than the h&s reaching this impossible negative target. *not financial advice*
August 19 BTCUSD Bybit Chart Analysis.
Hello.
“Make it simple, make profit”
It’s BitcoinGuide.
Don’t forget to
“Follow” me and press “Likes”.
If you "follow" press,
Only 30 Min chart ,
In real time, you can check major sections and move,
Real-time "update I dea" can be checked.
I will begin BTCUSD Bybit Bitcoin Chart Analysis for August 19.
Bitcoin 4 hour chart.
Today's approximate Top and Bottom prices are displayed.
There is currently a downtrend going on.
From the 30-minute central line touch section explained in the morning,
A downtrend is underway.
Nasdaq is not moving.
There are no significant announcements today.
around the green support line.
Check the red up/light blue down movement path
I made today's trading strategy.
This is a 30-minute chart one-way long position strategy.
Instead, several conditions are required.
Please open your eyes and read.
There are so many divergences that making a strategy is meaningless.
When it comes to the sidewalk
It is very difficult to analyze.
30 minutes from the central line in the morning,
There is already a trend
Including the Nasdaq variable, the possibility of a downtrend or further decline is very high.
Because there is no wave at all
It's hard to get an additional short entry spot.
As a basis for a long position, the purple support line should be maintained.
Because it reached the 12-hour support line
It's not a weak spot if you can stand it.
And according to the standard of a full candle on the left
The direction seems to be divided.
Right-to-right / arrow movement path without adjustment from that standard
It is a downward downward movement / sky blue finger movement path.
I ignored the vertical decline and yesterday's polar sideways guarantee.
We proceeded based on the arrow movement path.
red arrow moving route
long position strategy
1. $22796.5 long position entry section / Stop loss when departing from the purple support line
At the point of breaking through the full candle in the middle
If you support it, you can continue to rise upward.
After the touch like two days ago, it can make a down wave and drop right away.
Please give it to this branch.
The direction seems to be divided in this section.
Spot exchanges, those who are maintaining long positions
Depending on the situation, pay attention to the purple support line / maximum green support line.
Principle trading / Stop loss is essential, so please operate safely.
Have a nice weekend
thank you.
Altcoins I have loaded up on during yesterday's dip Some coins I have loaded up on during yesterday's dip:
$10000NFT
$ADA
$ASTRO
$ALGO
$AUDIO
$AXS
$BAND
$BIT
$COTI
$DAR
$DASH
$DOT
$DUSK
$GALA
$GLMR
$GRT
$HBAR
$HNT
$ILV
$JASMY
$ZIL
$KSM
$LRC
$LUNA2
$MASK
$OCEAN
$RSS3
$SRM
$WAVES
(All at 4 hours support traded on
@Bybit_Official
)
Notes on how I personally use my charts/NFA:
Each level L1-L3 (S1-S3) and TP1-TP3 has a deployment percentage. The idea is to flag these levels so I can buy 11% at L1 , 28% at L2 and if L3 deploy 61% of assigned dry powder. The same in reverse goes for TP. TP1: 61%, TP2:28% and TP3:11%. If chart pivots between TP's and L's these percentages are still respected. I like to use the trading range to accumulate by using this tactic.
Just my personal way of using this. This is not intended or made to constitute any financial advice.
This is not intended or made to constitute any financial advice.
FED Macro Situation Consideration:
All TP's are drawn within the context of a return to FED neutral policy. I do not expect these levels to be reached before tightening is over.
NOT INVESTMENT ADVICE
I am not a financial advisor.
The Content in this TradingView Idea is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained within this idea constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or other financial instruments in this or in in any other jurisdiction in which such solicitation or offer would be unlawful under the securities laws of such jurisdiction.
All Content on this idea post is information of a general nature and does not address the circumstances of any particular individual or entity. Nothing in the idea/post constitutes professional and/or financial advice, nor does any information on the idea/post constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any information or other Content on the idea/post before making any decisions based on such information.
XRP LONG POSITION!!📉Well after the recent dump, the Support level that's actually so strong has held the price above it not a much but not from breaking it. Therefore if there's to be a pump I have market the entry point at around 0.3500 which is compromisingly safe and also profitable.
Long Position Trade :
Entry Point - 0.3500
Take Profit -
Stop Loss - 0.3430 (Yes it's a pretty tight stop loss, because we dont know if that small pump actually a fake, that will reverse by going down)
⚠️NOT A FINANCIAL ADVICE
We found support on the retest of the top trendline of the wedgeWe can see here on the 1day bybit chart how the wedge we broke above recently is the exact support we are currently finding support on upon the retest. Maintaining this as support would be huge as it would confirm the breakout of the wedge. We can see we are also still inside a rising channel in red. Confirming the breakout of the wedge should take us to the 60k range…if we lose this as support and dont soon reclaim the 200weekly ma and 50 monthly ma’s as support, then there is a slight chance the bottom isn’t yet in. *not financial advice*
[BYBIT:BITUSD] [Day Trade] Correction after massive dumpHello fellow traders,
Take a profit when the trade has been completed for 50% and move your stop-loss to entry.
Good luck and happy trading!
Kind regards,
n1d0
WAVES/USDT Wyckoff Chart playing out ?My humble analysis of one of the hottest coins in the market which has been making a killer 173% move in the past week. <<<<<>>>>>>>>>>
OPUSDT///TRADE///PATTERNHello
Op is going down to 1.2$ area and will pump to 2$ again
It have very good structures for this trade
GL
