BEST
GBPJPY : BIG BULLS ARE READY TO RULE
Hello traders.
GBPJPY has fully completed it M structure formation, retested it , and is current started to reject the the neckline of the M structure that. This is the best time to enter the short position. This will yield a huge profit on long run.
TP 1 : 149.955
TP 2 : 146.630
Note: Take entry in a intraday timeframe for precision.
Goodluck for your profits.
Like and comment your thoughts.
Bitpanda BEST 1.0 to 2.0 Structure ComparisonBitpanda Ecosystem Token (BEST) upgraded to BEST 2.0
This analysis compares BEST 1.0 Structure with BEST 2.0 Structure and shows a potential dollar cost average zone for a reduced risk long entry.
BEST is due to so-called token burns a deflationary designed token of the Bitpanda Broker:
MAX: Initial Mint 1,000,000,000 (April 2020)
TOTAL: Down to a Total Supply of 819,397,250 (February 2022)
due to a burn of Burn 180,602,750 (February 2022)
CIRCULATING: With a current Circulating Supply of 353,119,453 (February 2022)
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Bitpanda BEST Reaccumulation nearly completed 'BESTEUR'Bitpanda Ecosystem Token
Exchange Token improved to BEST 2.0 since 2022:
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XAUUSD - Jan/Feb (THE BEST TRADE SETUP FOR THE YEAR?_I am going to present you with the absolute best setup we could see this year!
XAUUSD Upward Channel on the 4his reaching its top and key level at 1850-1860.
XAUUSD Is also reaching the Peak of the Downwards Channel since its ATH Last Year
What does this mean?
Institutions will begin entering their positions to short gold to potentially 1750.
Each time Gold has reached these levels & Channels, we have seen an average of 5-9% downwards movements within a 1-2 week period followed by a long bullish move.
THIS WILL ABSOLUTELY Repeat.
Let's take the average of 5% downwards move to be conservative; we are going to see prices go down to 1750-1775.
Moreover; if you see the strong move back on March 21', you will understand that this move will likely replicate such a pattern.
GOODLUCK!
DOGEUSDTFor past few days, DoGe keep trading inside the range and the volume keep moving.
I believe it's preparing for a good breakout of the range for a trend soon.
You can get some and add to your portfolio to sell for 10% ,20% and 30% profit as soon as the market balance up.
Not a financial advice
Please do your own research before trading
#BABA Possible another 10% drp to re-test historical trendlineHi All, my main 3 take-outs from this analysis are the following:
1- RSI in the weekly chart is in oversold territory with divergence vs prices
2- Price might re-test the historical trendline at around 100$, which is a 10-13% additional drop from current levels
3- Possible support at 100$ is also a psichological support level (rund number)
Not a financial advice, just personal opinion. Do your own due diligence and good luck!
Stocks to Watch Relative Strength Edition The Market's longer term uptrend still intact but short term looks precarious. These names have shown good relative strength and accumulation volume and most are in the growth sector. This may give good risk/reward entries on some of the best names. Some of these charts still need to confirm their price action. This video is my watchlist. Most of these names are at or near all time highs or multi year highs. There are 24 total stocks on this list Many of these have IPO'd in the last few years and still have a growth story ahead of them. Know your time frame and risk tolerance. Know your earnings dates! I go through these quickly so grab a pencil and paper and jot down the names that look interesting to you and then make the trade your own. Good Luck!
Price Action : Cardano, Where is the best zone to buy?Identify
Cardano : ADA
Market Caps: 50B (6th globally)
The long-term trend is an uptrend when the price makes a high, higher than the previous high. Price peaked at: 3,085 USD (According to Binance) and is trending back
So where will the price go?
According to my method, the price will go to 2 places, the old top or the old bottom. Currently, the price has broken the old peak (area 2.3 - 2.47) and has returned to retest 2 times and succeeded.
It is predicted that the price will go to the previous strong buy zone and then continue to rise in the big uptrend.
Potential buy zone is 1.03 - 1.16 USD
BEST - MACD bullish divergence and channel breakout!Hi Guys,
BEST broke an almost 2-years down trend channel (started on January 21st 2020) on September 2021, with huge weekly volumes. The price target for this technical pattern is 3$, which is also the 0.382 Fibo level of the downtrend leg which started also in Jan 2020.
In addition to this, MACD on the weekly chart is showing a huge bullish divergence which makes pretty realistic an inversion in the upcoming weeks.
Please also note that the price action is now consolidating in a symmetric triangle and forming a right shoulder.
Not a financial advice, just personal opinion. Do your own due diligence and good luck!
Shiba Support and ResistanceThere i am trying to tell to every member of my group, i have mark support and resistance level what does it mean Support is a price level where a downtrend can be expected to pause due to a concentration of demand or buying interest. As the price of assets or securities drops, demand for the crypto increases, thus forming the support line. Meanwhile, resistance zones arise due to selling interest when prices have increased.
Stocks To Watch This WeekThe Market's longer term uptrend still intact. These names have shown good relative strength and accumulation volume and most are in the growth sector. This may give good risk/reward entries on some of the best names. Some of these charts still need to confirm their price action. This video is my watchlist. Most of these names are at or near all time highs or multi year highs. There are 34 total stocks on this list Many of these have IPO'd in the last few years and still have a growth story ahead of them. Know your time frame and risk tolerance. Know your earnings dates! I go through these quickly so grab a pencil and paper and jot down the names that look interesting to you and then make the trade your own. Good Luck!
✅ How to approach Trendline BreakoutsIt's a very simple strategy. It is more reliable the longer the timeframe.
1. Find a TREND LINE
2. Wait for the BREAKOUT
3. Buy while price is RETESTING the TrendLine
4. During LATERAL movements Keep in mind other indicatores such as RSI or other support lines.
5. Enjoy profits during the UPWARD movement (Take profits gradually during the upward move)
Silver is down on the week but may be setting up...Silver is down on the week, but it's driving back into buying territory. It's also the end of the month when silver prices typically get pushed down in order to make expiring contracts cheaper. Next week starts with a new month, which tends to be optimistic for silver. This plus the buying territory makes it likely that silver will have an uptrend especially at the beginning of next week. If you can imagine that on this chart, you can see that it's then beginning to form a reverse head-and-shoulders pattern - which is typically very bullish. That's all for now.
This is not financial advice.
Want to try trading your own allocated silver with cryptos on one platform? Or gain yields on metals you hold? Then you may want to check out Kinesis: kms.kinesis.money
EURJPYHere on the 15m TimeFrame of the EURJPY, market is quite bearish. If price manages to break the trendline with a good confirmation to sell, we'll be capitalizing reactively on this move to the downside: at least to 60% of the correction, or beyond. Apply proper risk and trade management.
Thanks and good luck.
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