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Technical-analysis

Sand complete analysis, 2 scenarios Hello and welcome back everyone, I hope you guys doing great. Sand has been very popular lately, so I decided to write a complete analysis for you guys based on technical analysis, few days ago I also gave you guys a trade idea. with less being said, lets get into it; looking at 2h timeframe chart, you can see that price has bounced off of the green trendline 2 times before ( marked with red ) and we are currently on the same level again, now the thing is that, we can also see that volume is not enough right now ( unlike last 2 times ) but if we see some volume here, price might bounce off once again. On the other hand ! we have a double top price pattern on chart, as you might already know, double/triple tops are trend reversal patterns that in this case might lead us to a correction, you can also see the orange neck line on the bottom which also gives us a very vital support zone. now what to do ?! Well my friends, let me be honest with you, there is literally no one in the world that can tell you exactly what will happen so what you will have to do is to put all these information together and wait for confirmations. to summarize and explain how to enter different scenarios : 1. The bullish scenario : ( more probable ) we have this support zone, marked on chart between 5.7 - 6.2 $, you can DCA here and put your stop loss below the neckline, or also wait for the yellow trend line breakout and confirmation. 2. The bearish scenario : by break of the green trendline, we might see a pullback and then a break from the neckline, you can short into it with confirmations on pullback and then break of the neckline, and the target would be 4.6$ please keep in mind, its not a financial advice, you are responsible for your trades, do not enter any trades without risk management, Let me know if this was helpful and comment below what you think. also don't forget to follow for more updates.
by Algo_Analyst
2
Crypto market, Full analysis, ( DOT, XRP, GRT, BTC included )Hey everyone, this is not a normal analysis, I fairly believe this is going to happen but keep in mind I might be wrong and have your own risk management, ( ITS NOT A FINANCIAL ADVICE ). Looking at crypto market total cap, we can see that we have formed a channel, now as you can see I also marked 3 dates on chart, in which price hit the bottom line, now lets see what exactly happened every time we did that on other coins. BITCOIN : DOT : and etc ... as you can see, its equal to the bottom, and guess what, I believe we are currently at the third bottom and the next bullrun is about to happen. Now there are some coins that didn't do the same thing, They didn't fall but they also didn't have such huge bullruns, such as ADA. what to do now ? well its simple, analyze the coins themselves, check for bullish patterns, see if we are currently at a buy position or nah, then if we are, there is a high chance for a correct setup and we if are not, just leave this one and find sth better. Examples : lets take a look at GRT: well as you can see, we are currently in a channel, we have made a good rounding bottom, everything looks bullish, there is a resistance line ( Drawn with black ) and break of that level means a big run, so everything is pointing us toward top and we just need a catalyst, well I just told you there is one based on market cap, hop in ! another example XRP : we had a channel, we broke down, we also had a trend line ( green line ) we broke that down also, it doesnt mean that this thing is going to go down, but there is a bearish energy around this crypto, so we just move on, XRP is not looking good for this technic. You can set this up for yourself, Analyze the coins yourself or even ask me to do it for you, I will gladly help. Again, this is not a financial advice, just an IDEA ! Like and comment below what you think. Don't also forget to follow me for more updates.
CRYPTOCAP:TOTALLong
by Algo_Analyst
1
Daily Market Update - 7 min rundown of 20+ altcoins gauging tempIn this video: * Many of the smaller cap altcoins are entering bearish territory * I believe we are close to finding support for this current crypto correction * However, many disciplined traders will find themselves having to exit trades * It's time to exit some coins, take losses, and find a better re-entry condition and setup * Overall, markets remain in neutral territory. However, smaller cap altcoins are turning bearish. * jasmy, filecoin, shiba, shibainu, shibusd, ada, cardano, uma, umausd, zcash, zec, zecusd, doge, dogeusd, bat, basic attention token, batusd, oxt, orchid, oxtusd, bitcoin cash, bch, bchusd, ethereum, eth, ethusd, altcoin market, bitcoin dominance, etc.
COINBASE:OXTUSD
by stewdamus
2
AMC - price is correctingThe price is in a corrective area right now. It can retrace a bit more as marked on the chart. 2 Possibilities : 1. The correction can either be a triangle (in this case, we can see an upside soon). 2. The correction will unfold into a zig zag and we can see more downside, before the price will start to go up again. In this chart, the second possibility is presented. The Content is for informational purposes only. You should not construe any such information or other material as legal, tax, investment, financial, or other advice. Have a beautiful day! :)
NYSE:AMCShort
by YExplore
ALICE bull and bear scenariosHello everyone, hope you doing good. * This is not a financial advice, use the idea with your own strategy and risk management * Few days ago, I wrote an idea about ALICE and shared with you a great setup ( Hope you didn't miss that one ) as we reached target 4, now we have to figure out whats the next move, as you can see in the chart below, we have a trend line that price has been rejected many times before and we are getting closer to it, two scenarios are also drawn on the chart below : 1. Green arrow = Bullish scenario : in which we break out of this level and since there is no actual resistance I think we will have a ride to ATH 2. Red arrow = Bearish scenario : in which we will get rejected once again and have a ride toward bottom be patient, watch how price will re act to some certain levels, if you saw weakness it would probably mean that we are going to go down, but if we broke the trend line with a good bull candle, its most likely a bull market. good luck ! I'm writing about most of crypto currencies; Follow me on TRADINGview so you wouldn't miss out any updates. Like if you think this was helpful and let me know on the comment section below. * This is not a financial advice, use the idea with your own strategy and risk management *
by Algo_Analyst
2
ALICE technical analysis - Daily chart -Hello traders, hope you doing well. * This is not a financial advice, use the idea with your own strategy and risk management * Alice broke the green trend line ( uptrend ) and from there, formed a channel that we are currently in, by breaking this channel, there are targets on chart based on which side will break; Red lines are short targets ( if we break the bottom ) * Which I don't think will happen * Green lines are long targets ( if we break the top ) I'm writing about most of crypto currencies; Follow me on TRADINGview so you wouldn't miss out any updates. Like if you think this was helpful and let me know on the comment section below. * This is not a financial advice, use the idea with your own strategy and risk management *
Long
by Algo_Analyst
ETH 4h technical analysis Hello everyone, hope you all doing good. I'd like to share with you my opinion on ETH. * This is not a financial advice, use the idea with your own strategy and risk management * as you can see, we had a good channel in 4h chart, and with crypto market crashing, we broke out of it. it might still be a false breakout and stop loss hunt for a bigger ride but we have to consider everything. here you can also see weekly map on chart, to clarify what a weekly map is I gotta say it marks highs and lows of each week and lets just say price likes to go back to these levels. considering that, I have marked all the supports that price might pay a visit with red lines which are 3884,3679 and 3369. I'd like to see some strong bull candles on support zones, and I have two possible scenarios on this chart which are also drawn on the chart. and my first target would be 4460. I'm writing about most of crypto currencies; Follow me on TRADINGview so you wouldnt miss out any updates. Like if you think this was helpful and let me know on the comment section below. * This is not a financial advice, use the idea with your own strategy and risk management *
Long
by Algo_Analyst
USDZAR big move incoming !Hello everyone, I hope you all doing well. I've been watching this pair for months now, it has respected technical price action very well so far, we had this huge heads and shoulders formation ( shown on chart ) in which we broke out yesterday successfully, I believe once we got here there is no going back. * This is not a financial advice, use the idea with your own strategy and risk management * I personally like this very much. check it out for yourself ;) I'm also writing about most of crypto currencies; Follow me on TRADINGview so you wouldnt miss out any updates. Like if you think this was helpful and let me know on the comment section below. * This is not a financial advice, use the idea with your own strategy and risk management *
Long
by Algo_Analyst
SAND in danger !Hello traders, welcome back. * This is not a financial advice, use the idea with your own strategy and risk management * I published an analysis on Sand few days ago, explaining what has happened and what is probably going to happen, you can read it here : anyways, I explained that we would probably hit ATH once again, as we did so, its time to decide; Currently price is forming a doji candle stick on daily chart and an engulfing bar on 4h chart, for daily we need confirmation of todays close and tomorrow. but as we hit ath we might form a double top which is a bearish pattern. I wouldn't recommend any buy or sell order here, all I wanted to warn is that this thing might go down so save some profit and put your sl on breakeven to prevent from any loss. * This is not a financial advice, use the idea with your own strategy and risk management * I'm writing about most of crypto currencies; Follow me on TRADINGview so you wouldnt miss out any updates. Like if you think this was helpful and let me know on the comment section below.
by Algo_Analyst
Cardano ( ADA ) 4h chart analysisHello traders, I hope you guys doing well. * This is not a financial advice, use the idea with your own strategy and risk management * Cardano been in a downtrend for so long and lets say last few weeks weren't its best days. Cardano has strong fundamentals and is a good project so Im willing to see some good moves from it. as you can see we made a new low today, near 2 weeks ago low, we are currently on a support zone, this zone has been acting really strong so far. I believe we should start moving toward higher prices soon and we should breakout of channel eventually. * This is not a financial advice, use the idea with your own strategy and risk management * I'm writing about most of crypto currencies; Follow me on TRADINGview so you wouldnt miss out any updates. Like if you think this was helpful and let me know on the comment section below.
Long
by Algo_Analyst
2