USDCAD short opportunity Self explanatory charts. Crystal clear. Selling from here. Using risk management. Making up the word count blah blah blah too busy mannn
Fundamental-analysis
IMX/USDT is Showing Bullish Momentum | Immutable Analysis💎 IMX/USDT is currently navigating a descending channel, with a potential breakout on the horizon.
💎 If this breakout happens, it's poised to catalyze a projected impulsive surge.
💎 Notably, there's a confirmed order block in the shorter timeframe. Due to existing liquidity, the price is anticipated to gravitate toward these levels.
💎 In a previous phase, demand transitioned to supply, leading to a marked price decline and aiming for the prior OB.
💎 In the ever-fluctuating crypto landscape, being updated and flexible is essential. Keep a lookout for further insights and savor your trading voyage.
OXT Might be Preparing For a Possible Correction| 💎 OXT/USDT seems poised for a potential pullback, with indicators pointing towards diminishing strength and a likely descent.
💎 The first engagement with the OB will be pivotal. Should a rejection manifest, it could indicate a liquidity drain, suggesting a shift to tackle the Bullish Order Block and a possible bearish progression.
💎 Conversely, the price might find resilience at the prior order block, steering its trajectory northward.
💎 In the ever-evolving crypto realm, knowledge and adaptability remain paramount. Keep an ear to the ground for further insights and relish your trading voyage.
ETH/USDT 1D Review Chart 18.08I invite you to review the chart of ETH in pair to USDT, also on a one-day interval. First of all, using the yellow line, we can mark the uptrend line, from which the price went down.
Now let's move on to marking the places of support. We will use the Fib Retracement tool to mark the supports, and as you can see, first we have the support zone from $ 1610 to $ 1479, which at the moment held the price, the second very strong support at the price of $ 1298, and then we can see a drop to around the support level $1061.
Looking the other way, we can also mark the places where the price should encounter resistance on the way to increases. And here as the first resistance we will mark the zone from $1743 to $1819, then we have the second zone from $1899 to $2009, and then a very strong resistance at $2146.
The CHOP index indicates that the energy has been used. On the RSI we crossed the lower limit which also indicates the use of energy, while the STOCH indicator rebounded and the energy was used to rebound the price after the decline.
(ASX:ALL) Staying above 200SMA for couple of weeks> Always enjoying going to my fav place and had an eye on this company for some time.
> Aristocrat Leisure Limited (ASX: ALL) designs, develops and distributes gaming content, platforms and systems, including electronic gaming machines, casino management systems and digital social games. The Company's land-based products are approved for use in more than 300 licensed jurisdictions and are available in over 90 countries. The Group also operates within the online social gaming and real money wager markets.
> Starting nibbling a bit from last couple of weeks.
> Consistent dividend-paying company that to increasing every year.
> due to COVID business is impacted but long term story remains intact as consumer behaviour will not change.
> An opportunity for me to add this in long term portfolio.
ATOM is About to Start an Explosive Uptrend | ATOM/USDT Analysis💎ATOM/USDT is painting an optimistic landscape in the 1D Timeframe. A standout observation is its strategic positioning within a pivotal demand zone.
💎 There's a distinct OB and market imbalance around the $11 price point. Given the current dynamics, there's a strong inclination that ATOM might re-engage with this level soon.
💎 In the recent past, we've witnessed a transformation where demand has transitioned into supply, with ATOM carving out Equal Lows.
💎 While the overarching sentiment and indicators lean towards a positive trajectory for ATOM, the broader market's volatility remains a wildcard. It's essential to factor in this unpredictability as it could sway the outcome.
💎 Stay vigilant, and always look for real-time market shifts. The world of crypto is ever-evolving, and staying informed is the key to navigating it successfully.
What's Next For BNB/USDT? Binance Coin Analysis 💎Attention, Paradisers! BNB is currently on a downward trajectory, eyeing a revisit to its pivotal support zone around $220, a level it has approached twice before.
💎Recently, BNB experienced a sharp price drop, establishing a bearish OB and creating an imbalance on its chart.
💎We're hopeful that after touching the $220 support, BNB will pivot and address the earlier imbalance.
💎Yet, it's essential to note that the broader market's volatility can influence BNB's price direction.
💎Stay connected for the latest insights and market updates with us.
Eurusd : Bullish USD data and Inflation Fears 🛫 Hello everyone. Switching things up today with a in-depth look into recent sentiment and my thoughts on the last 5 bearish weekly candles on EURUSD.
A mix of Bullish USD data and the fact that inflation looms above all of our heads has caused market participants to flock into the Safe haven USD.
What are your thoughts on this decrease of EURUSD back into the range that EU has been stuck in since January? Thanks for joining me for another analysis and reading this far. See you in the next analysis!
Guilty Pleasure Altcoins - Which are yours?Hi Traders, Investors and Speculators of Charts📈📉
I'm constantly on the lookout for projects with great potential. Microcaps often x10, x100 or even x1000 if you're lucky enough to catch them early AND take profits. However, today's post is something a little different.
Let's talk guilty-pleasure coins and let's get real. Have you ever invested (or are currently invested) in a coin that is considered a "bad investment" by the community? If so, which coins and why did you decide to go for it regardless ?
I'll go first... XRP 💰 I am still a hardcore believer in the fundamentals, even though I can't deny the evergrowing negative consensus and overwhelming bad rep that XRP gets from other analysts (often rightfully so). I've been a bag holder for many years, and my main reason is just sentimentality 😂
Now, VRAUSDT: The reason for using VRA/ Verasity for the cover is because I genuinely am undecided about this one. I'm not a big fan of coins who's decimals I can barely read so seeing a massive liquidity drain even before this microcap reached 0,09 isn't the best help for confidence in the project. However, the fundamentals seemed promising at the time.
Incase you missed it:
Verasity is a platform that aims to revolutionize the way that online video is viewed and monetized. It does this through a number of features including Proof of View (PoV), Engagement Rewards, VeraWallet, and VeraViews. PoV is a technology that uses blockchain to verify that users are actually watching videos, as opposed to simply clicking on them and then leaving. This helps to ensure that advertisers are only paying for genuine views.
Engagement Rewards rewards users with VRA tokens for watching videos, engaging with ads, and participating in other activities on the Verasity platform. This helps to create a more engaged and interactive viewing experience. VeraWallet is a secure wallet that allows users to store their VRA tokens and participate in the Verasity ecosystem. VeraViews is a decentralized video sharing platform that uses the Verasity platform to verify views and reward users.
All the above said, the fundamentals sounded great upon release. But obviously, something went wrong and I'll say this about it: The one thing I hate more than advertisements, is being forced to watch an ad. I've seen this new trend when I use apps on my phone that have ads. Suddenly, an annoying ad pops up. When trying to click the "X" or "Close" or "Skip" button, instead of actually taking me back to what I was doing (like very intensely playing solitaire) the click actually takes me to the site!
Could it be that the reason for the project not taking off so well is more people like me just find it annoying and related scenarios? Especially if your reward for watching a 30sec ad is worth 0,004c...
And so the question begs: Scam, guilty pleasure coin or worth-the-wait?
_______________________
📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍
We thank you for your support !
CryptoCheck
MATIC/USDT Chart ReviewI invite you to review the MATIC chart in pair to USDT, on a one-day interval. First, we will use the blue lines to mark the downtrend channel where the price is moving in the upper range.
Moving on, we can move on to marking support areas when we start a larger correction. And here the first very strong support is at the price of $0.59, but when the price drops below, we can see a drop to the support of $0.31.
Looking the other way, we see that the price has rebounded from the first significant resistance at $ 0.90, which so far has no strength to break. then second resistance is at $1.03, then we have another resistance zone from $1.16 to $1.34, then strong resistance at $1.56.
When we turn on the EMA Cross 200, we see that the price rebounded from this line and thus remained in a strong downtrend.
Please look at the CHOP index, which indicates that there is still energy for this move, the RSI has a strong rebound with room for the price to go lower, while the STOCH indicator also indicates that there is some energy left for the next move.
What's Next Possible Move of MATIC/USDT? Polygon Analysis💎Attention, Paradisers! Turn your focus to MATIC, as it's gearing up for potential movements, offering a few captivating possibilities.
💎MATIC faced resistance at the OB a few days ago, sparking an upward trend. Yet, with a hint of slowing momentum, it's projected to re-engage with the OB. Should it falter at this juncture, anticipate a bullish continuation from a key support point.
💎Delving into its trajectory, we've noticed a shift from demand to supply, resulting in a pronounced dip.
💎After capturing liquidity from below, MATIC seems primed to climb, targeting the overhead imbalance.
💎Keep a close watch for further insights and relish your trading adventure.
BTC Accumulation ZoneAs we see in the Long term every circle BTC have the :
Accumulation Zones
Distribution Zones
And Bear Zones
There is no reason for Panic you are already know that we arent in Alt Season.
Better to name it BTC Season right now.
So keep Calm and accumulate as much as you can
DOT is on the Verge of its Next Bull Rally | Polkadot Analysis💎Dot is currently positioned near a pivotal support area, having engaged with it on two occasions, signaling potential future movements.
💎At the moment, Dot finds itself within a zone of high demand. If it remains above this region, we might be on the cusp of a bullish ascent.
💎However, should it waver, a bullish trend may only emerge after revisiting the lower order block.
💎On closer inspection, we observed a phase where demand morphed into supply, resulting in a discernible price decline.
💎Looking forward, a distinct supply zone paired with a bearish order block is evident. There's a strong likelihood that Dot will undertake a bullish route to rectify this disparity.
💎In the ever-evolving crypto landscape, staying updated and versatile is paramount. Keep an eye out for further insights and savor your trading adventure.
SAND is Preparing For a Bullish Movement | SAND/USDT Analysis💎 SAND is currently charting its course within a defined triangle pattern, characterized by clear support and resistance demarcations. Here's a breakdown:
💎 Defined Boundaries: The triangle showcases consistent interactions at its support and resistance boundaries, emphasizing their role in shaping SAND's trajectory.
💎 Anticipated Breakout: As SAND approaches the triangle's resistance, market participants are watching keenly for potential price shifts.
💎 Breakout Potential: Should SAND pierce and sustain above the resistance, it could trigger a significant bullish wave.
💎 Bullish Catalyst: A successful triangle breakout could stimulate increased buying activity, driving SAND's price upwards.
💎 Technical Backing: This bullish narrative is complemented by other technical indicators, adding weight to the optimistic view.
💎Always ensure you undertake thorough research and due diligence before committing to any investment moves.
What's Next For Flagship Currency? BTC/USDT Analysis💎 The premier cryptocurrency, BTC, is currently nestled in a narrow range just beneath the $30k mark, with volatility seemingly taking a backseat.
💎 A glance at the 1D timeframe reveals a Bullish OB, coupled with a potential FVG situated just below the current price, spanning between $26k-$28k.
💎 Once BTC breaks free from this confinement, a dip to the FVG range is plausible, followed by a spirited ascent toward the $35k mark.
💎The optimal entry for this trade would likely be amidst this correction, and we're hopeful about BTC touching these projected levels in the near future.
💎However, on the flip side, if somehow the BTC can't hold the correction to the FVG range, we might be looking at $25-22k levels.
💎 Stay vigilant and keep abreast of the ever-evolving crypto landscape.
RNDR/USDT is Building Momentum for Next Rally
💎 On the 1D timeframe, RNDR is sketching an optimistic scenario, suggesting a potential bullish surge.
💎 The MACD is tilting towards a bullish divergence, signaling a possible upward shift following the consolidation breakout.
💎 A retrospective glance reveals the price took a downturn after establishing equal highs. Moreover, the shift from demand to supply further intensified the bearish pace.
💎 There's a clear untouched supply and bearish territory. It seems likely that RNDR will target this area for equilibrium in the near future. However, if the price slips past the support zone, brace for a potential drop.
💎 In the dynamic realm of crypto, staying informed is essential. Keep an eye out for further insights and relish your trading adventure.
VET is Ready for its Next Bullish Rally | VET/USDT Analysis 💎 VET/USDT is currently navigating a robust demand zone, hinting at a potential upward shift.
💎 Not long ago, it skillfully tapped into liquidity, tackled the descending OB, and set its course upward.
💎 As of now price is consolidating but we're on the lookout for a bullish surge past the trend line.
💎 With a clear supply zone and liquidity just above, there's a strong chance the price will engage with this level in the near future.
💎 In the ever-evolving crypto landscape, staying updated is crucial. Keep an eye out for further insights and savor your trading adventure.
LTC/USDT 1D Review Chart Hello everyone, I invite you to review the LTC chart in pair to USDT, on a one-day interval. First, we will use the blue lines to mark the uptrend channel where the price is moving in the lower range.
Moving on, we can move on to marking support areas when the correction begins to deepen. And here in the first place we have a support zone from $77 to $69, then we can see a drop to the second very strong support zone from $56 to $40.
Looking the other way, we see that the price first has to break the resistance at $87.31, then we have a strong support zone from $98 to $114, once we break it we will move towards the resistance at $134.
Please look at the CHOP index which shows that most of the energy has been used, on the RSI we have a rebound and we are moving in the lower part of the range, however on the STOCH indicator we can see that most of the energy has been used which may stop the current correction.
BNB/USDT 1D Chart ReviewHello everyone, I invite you to review the BNB chart taking into account the one-day interval. We can start by marking the local triangle with blue lines, as you can see we are approaching the exit of a specific product.
Let's start by marking the support spots for the price and we see that the price stays just below the support at $240.72, then we have a strong support zone from $235 to $228, however if the price goes lower, we have the next support at $220.
Looking the other way, we can similarly determine the places of resistance that the price has to face. And here we see that first the price has to break the zone from $244 to $248, then there is the second zone from $251 to $255, and then the strong resistance at $261.
The CHOP index indicates that there is a lot of energy to move, while the RSI moves around the middle of the range, which in combination with the STOCH indicator, we can see the price rebound.
Let Us Learn and Earn with them SHIB token BurnsI've been thinking and wanted to jot it down, on how things can end up with SHIB. I have a little story before we get into it, about how SHIB moves could be similar to how I saw the rise in DOGE. In 2018 I purchased around a couple thousand coins of DOGE at around 0.002. I eventually sold out my coins, made a little bit, and didn't think too much of it. Fast forward to 2021, there was a ton of PR around DOGE. News outlets were covering it. Influencers and Celebrities were all over it, pumping the coin up. Even billionaires were buying into it. What got me about it was that people that are not even in the crypto space or do anything with the markets, were talking about it. I had one person tell me how he had a large position in the coin and he was not going to sell. But another person that I knew, he had done no trading what so ever, said he was in DOGE trading it. At that point I knew that it was close to DOGE having a significant drop. Additionally, with SHIB having an extraordinary rise, random people started coming up to me asking if I had any SHIB positions.
This could possibly happen with SHIB again. There is a consistent amount of PR, but until it hits the mainstream like DOGE or how BTC and ETH did in 2017, there might be some movement but not as much as when the hype is there. Fundamentals can move the markets but not as much as people's feelings. At currently lvls, market cap is around 6.073 million, if SHIBarium does burn 5 trillion coins per month and pushes the total amount to 289 trillion total coins in the market (in 5 years), that would make price 0.000021.
It'll take another wave to push price higher or further burns (if SHIB total supply drops below hundreds of trillions to single digit trillions) to drop a few more zeros. Price could hit the $0.01 lvl or even the $1 as people have been talking about, but again, it would take burns along with more people pushing into the coin. With a lot of negative things going on surround promoting alt coins, there might be less influencers, celebrities, billionaires, sports players, and so on, wanting to put their name out there.
There is a lot of work going into developing SHIB. Most notably SHIBarium. SHIB started off on Uniswap with very little value. The coin started gaining traction and is trading on exchanges such as Kucoin, Webull, Binance, Robinhood, Coinbase. I think SHIB has a future and as long as there is constantly moves forwards, ensures the utility of the token, the SHIBArmy strengthens and keeps growing strong, and a steady stream of PR, this coin will hit $0.01 in 2030.
These are my own thoughts. Do your own due diligence when deciding to trade. Trading carries a lot of risk where you could lose more then you put in. This is for educational purposes and not investment or financial advise. I do have positions in SHIB.
Y'all have some good trading out there.
GBPCAD LONGA trade with the best entry point, the best R:R (1:13), the lowest risk and in the direction of the market trend.
In terms of fundamentals, due to the drop in oil prices and the impact on the Canadian currency, Mithian predicted that the British pound would become stronger.
Technical and fundamental shows growth.
Good luck.
JINDAL SAWa small demo video of my work know as techno funda in which we find a stocks with technicals and fundamentals ,but most important thing in market is sustainability ,which is only possible by proper risk management
EUR USD ideaTotally dig it, bro! 🌊🏄♂️ We got this sweet setup with the weekly structure giving us those bullish vibes. And man, that weekly high moving order book? It's like a symphony of perfect pairing, ready to serenade us into going long.
But, hold up, we can't ignore the big Kahuna in the room - the Dollar Index, aka DXY. It's like the maestro behind the scenes, calling the shots for the EURUSD dance. It's all about those fundamental numbers for the USD, dude. We're talking precision predictions here.
So check this out - on the DXY, we're spotting some volume imbalance action around 105.200. That's the groove it's vibing to, and it's hinting that the EURUSD might either chill in consolidation or catch a wave down to lower prices. But hey, we're just riding this gnarly thought process, man.
Here's the thing, though. The big players, those whales with the mega bucks, they're the ones steering this ship. If you ain't rollin' with 100 billion, you're not exactly moving the needle in this market, you know what I'm saying? It's like being a grom in a sea of sharks.
So stay sharp, stay smart, and let's ride these waves while keeping our eyes on those fundamental currents. It's a wild ride, and we're just carving our path, one calculated move at a time. 🤙🌊🦈
