Demandandsupplyzones
CMCSA : Buy Above 57.3Buy CMCSA Above 57.3.
Price emerging strongly from the Demand Zone.
Provides good Risk Reward trade.
Don't miss this sweet 1:10 RRRYour divergence signals plug is back at it again !.
REASON FOR THE SELL TRADE
1. Our 200 EMA is serving as our 50% (Average) level on our RSI.
2. The confluences are as clear as day, both at our previous resistance and our trendline
3. Price is already overbought but not over over bought yet, price must be over over bought at our confluence.
4. Divergence confirmed both in our main price on our chart, RSI and AO.
5. Monday is market open which means prices needs to adjust for the new week meaning, prices need to get centered on a moving average in this case, our 200 Exponential MA.
Right after this post is published, i will set my alert to be received via email and mobile notification so i don't miss this scalping opportunity.
Calculations:
STOP LOSS (SL) is set at 51 points (or pips) whereas our
TAKE PROFIT (TP) is set at a whooping 550 points (or pips)
So therefore, using the following lots on a 50 spread account, you manage a loss and make a profit of:
0.01 (10 cents) = SL - $5.10 TP - $55
0.10 (1 dollar) = SL - $51 TP - $550
1.00 (10 dollars) = SL - $510 TP - $5500
10.00 (100 dollars) = SL - $5100 TP - $55,000
Use proper risk management, use proper money management !.
I have time on my hands hence the essay-like breakdown of this trade lol !.
SCALPING SHORT OPPORTUNITYThe Market is on a downtrend and it just created a double top on the 30min timeframe and the double top "M" pattern on the neckline of the market M pattern created on the high timeframe, going short following the trend and targeting where the market created a W pattern, double bottom on the high time frame but the market it is still creating lower highs and lower lows
BNBUSD FORM PART 2confirmation signal
1 Buyer may book profit
2 Buyer are incapable to take market up
3 volatility can create in market
4 market is squeezing in between sammetrical triangle
6 sellors are active
7 Take the trade after the breakout on either side
8 volume is decreasing
Please do your own research .
follow the rules
risk to reward 1:2
always find the space in the market
Thanking you
MATIC LOOKS BULLISH MARKET LIES ON DEMAND ZONEAll the details are given in chart
Please do you own research .
Risk to reward is 1:2
Thanking you
Trading concept- Absorption of DemandMyth: If the price approaches a level repeatedly, and gets rejected from it, this means that the level is very strong.
Reality: After each touch, the level becomes weaker and weaker due to the absorption of the residual orders.
Underlying logic:
1. Whenever the price keeps approaching a certain level, there are pending buy orders which are waiting to be filled.
2. Every time the price comes back to this level, a certain amount of orders gets absorbed.
3. More the price approaches that level, the lesser unfilled order remains.
4. Hence, ultimately all the orders get absorbed and we see a breakout/breakdown of that level.
Disclaimer: This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk.
Happy learning. Cheers!
@johntradingwick
💥KAVAUSD - THE BEST COIN TO BUY (82%-143% ROI)🤔Current price of KAVA is $4, when it moves to the resistance level at $7.30, that equates to 82% ROI. If it moves from $3 to $7.30, then we have 143%.
Right now, KAVA market is ranging between $3 and $1.73. Price is currently making an effort to rise back to $1.73 but there is resistance ahead of it represented with the blue trendine.
If price break this trendline, then the first green arrow takes us to $7.3, then you will make 82% ROI if you buy at $4
But if price is unable to break the blue resistance trendine upward, then the second green arrow takes us to $3 for another buy opportunity to $7.30 with the 3rd green arrow which equates to 143% ROI if you buy at $3
Read it all over again for better understanding.
What do you think?
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Long BtcAs you can see we are currently sitting near the demand, After a pin bar reversal in 4H. Also we can see there is a divergence in the daily chart.
Keeping in mind we dont go near 28k where I would be out, I think this might lead us to test 46ish area where we broke down from.
Intermediary I would be aiming for the supply, near the last swing high at 40keks.
Having said that I would be carefully monitoring the Price Action at 31k area as We can consider it as a triple bottom if we see the last swing down as a fakeout, which is seen on the 4H chart.
💥BITCOIN CONSOLIDATION HOLDS - NEXT?🤔I expect Bitcoin to pump to $40k, then $58k or dip to $20k.
We have our supply (resistance) zone also where our right shoulder lies at $40,500 - $41,500 and our demand (support) zone which is also the head and shoulder neckline at $29,000 - $30,000.
Fortunately, price bounced back upward at the demand zone with a bullish pin bar currently in view. And we have price heading to the upper trendine first, then the supply zone at $40,000 before $58,000.
Here is our Fate:
If price continue in this upmove, we go long to $38,000.
BUT
If price reverse, $20,000 may be the next new target which means the H & S Pattern will complete and this idea I published earlier which we all don't want will now complete. Check it out here and tap the play button👇
What do you think?
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BEAR SEASON ALMOST OVER, BTC NEXT MOVEAs we can all see, we have 3 credible support trendline with the green arrow, the present daily candle has tested it and has not broken it.
Therefore if price does not break this support trendline, I expect Bitcoin price to long to $40,000, pull back then continue to rise.
If price breaks the supply (resistance) zone at $40,500 to $41,500, then we are off the bear season for good and we joyfully ride to $58,000.
What do you think?
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💥BNBUSD 15minT - TO LONG TO $377As we can all see, BNB is consolidating within $364 and $377 (a good opportunity to scalp).
If price break the trendline ahead of it upward, then we go long to $377 but if it doesn't, price will fall back to $364 and then rise back to $377.
What do you think?
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Happy Trading💰🥳🤗
Trading Involves High Risk⚠️
Not Financial Advice💸
Use Proper Risk Management💹
Thank you for your support!💓
💥CARDANO BUY SETUP - TO LONG TO $1.80We have three (3) main setup here and a very good buy confirmation on this chart to go long to $1.80.
First, we have an uptrend (trend continuation). We also have a bullish pennant breakout and price in a ranging zone testing the demand zone back to the supply zone.
The trendline breakout confirms this three (3) setups for price to go long to $1.80.
What do you think?
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💥 BITCOIN LIKELY MOVE- TO PUMP TO $40K, $42K AND $43KWith respect to my previous post on BTCUSD, price broke it earlier than expected. We had a breakout from $37,000 yesterday and a pull back followed.
Right now, I expect a bullish movement to $40,000, $42,000 and $43,000.
What do you think?
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Please support this idea with a LIKE👍 if you find it useful🥳
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Happy Trading💰🥳🤗
Trading Involves High Risk⚠️
Not Financial Advice💸
Use Proper Risk Management💹
Thank you for your support!💓
I decide to buy NEO contract; why?Looking the Daily chart, NEO it's in the accumulation zone that you can to buy this cryptocurrency to hold or buy in contract to leverage with NEO/USD. This cryptocurrency it's show us a good trade to keep to medium term. That mean that in medium term, you can to earn a lot money if you keep this position to $130 USD. But using my broker Simple FX to accumulating more Cardano coins. Also, I want to show you my own strategy if you want to accumulate Cardano in Simple FX in my others post. Remember, my goal it's to reach my 20,000 ADA coins.
Now, looking in the Daily timeframe, NEO form a simetri trianlge in the key spport line, this line it's a good point that you can to invest in NEO or buy contract leverage in your trading, and alos that NEO make support in the $47 USD and $55 USD. That it's a key zone that you can to buy NEO contract or investment. But that it's my prediction how I see NEO in medium term to go back to $130 USD. Right now, NEO price it's around of $55 USD.
I entry in the market price until the target at $130 USD and SL around of $42 USD. i just buy 16 NEO contract to keep this position to long.
s3.tradingview.com
And also, you can to watch the 3 Daily timeframe, it's look bullish too.
ADAUSD - LONG TO $2.30 (40% ROI FROM ENTRY)We have an ascending triangle with three credible support trendline on the chart.
Price retested the trendine and resulted into a bullish pin bar which indicates a long position incoming.
Therefore, I expect price to break the neckline upward and to continue in that direction.
What do you think?
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Please support this idea with a LIKE👍 if you find it useful🥳
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Happy Trading💰🥳🤗
Trading Involves High Risk⚠️
Not Financial Advice💸
Use Proper Risk Management💹
Thank you for your support!💓
NB: If you would like to have one-on-one interaction with me about analysis of coins or currency, DM me.
VETUSD - LONG TO $0.22000 (77% ROI FROM ENTRY)The entry price, stop loss and take profits have been represented on this chart.
If you take a thorough look at this chart, you will see a lot of buy confirmation on this chart.
First we have the inverse head and shoulder.
Second, we have an upward trendine breakout and retest.
Thirdly, we have a support trendline uptrend continuation.
Therefore, if price does not break the horizontal yellow support line at $0.11974 downward, then I expect price to go long, break the neckline upward and continue to go long to the respective take profits.
What do you think?
Share your opinion in the comment section✍️
Please support this idea with a LIKE👍 if you find it useful🥳
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Happy Trading💰🥳🤗
Trading Involves High Risk⚠️
Not Financial Advice💸
Use Proper Risk Management💹
Thank you for your support!💓
NB: If you would like to have one-on-one interaction with me about analysis of coins or currency, DM me.
Bitcoin form a Shoulder Head Shoulder; bearish pattern!!!Bitcoin form a shoulder head shoulder (bearsih paattern) and there's no idea that Elon Musk tweet today bad news about Bitcoin adoption. That man it's so ridicolous and clown. He's destroying the BItcoin adoption. But why?
But now, in H2 timerame, we see a bearish pattern and that it's not a good signal for the Bitcoin price. Because there a lot chances that Bitcoin continue crashing if the support of $30,000 USD will continue down.
s3.tradingview.com
If you look the H4 timeframe, we see that Bitcoin it's trying to break down the simetric triangle, and that will be a bad news for Bitcoin and the formation of this shoulder head shoulder. So, I hope an entry price and we will need to look a possile price action conirmation, or if we see a cheat, exist a possible recovery to trying to break up the $39,000 resistance level. But in any case, in the next hours, we will need to know if Bitcoin continue down to $33,000 USD or that will be a cheat in the price. Because if you look very carefully the H4 timeframe, it's not neccesary that I will say you now that Bitcoin going to crash, just it's my plan if htat happen, becuase in another hand, Bitcoin could to form a new lower higher in the support of the simetric trianlge line, for that, we will need to take a consideration in bear as the bull cases.
