KLV Long 🍒*NOT FINANCIAL ADVICE: DYOR - This idea IMO for personal use only*
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Today marks 12 months since my last KLV chart... Looking prime to ride.
My strategy remains the same, long-term hold.
Using naked price action analysis:
🔸 ATH , Volume , support / resistance zones, channels and levels
🔸 For Trading: Suggested Entry, SL & Exit points are my theory only.
🔸 For Holding: Since this is a hold strategy / bag-set-and-forget strategy, I will DCA along the way on dips only.
As always, watch for volume . Do your own research, check on-chain data. Always be watching BTC .
NFA . Good chat.🤖
My last KLV chart:
Levelsandzones
BTC TA for the coming week - levels to watchHi everybody,
here is my BTC TA for the coming week.
It indicates all levels of relevance.
The areas surrounded by thick grey lines indicate large high volume areas.
The "zones of interest" within those areas indicate high volume zones which attract price.
The POC and NPOC levels of course also serve as a good reference point for where price may be headed.
The green zones in between the larger areas indicate low volume zones where price tends to return to or shoot straight through.
Then in between are some basic S/R lines that may be of relevance.
If you like the chart, give me a thumbs up.
Enjoy your week, everyone!
The Level is Good Until it's Not (A Lesson in Supply and Demand)G'day, Traders! Despite wars and rumors of wars there are always opportunities to be had in the financial markets, particularly the Energies markets.
The purpose of today's trade example is to demonstrate that once a level of Supply and Demand are created in the financial markets, the rule of thumb is that a level is "good" until they are not... that is, until all the unfilled orders inside them are processed. No matter how old a level may be, they do not go "stale".
Let's look at a trade which closed in the opening minutes of the market at 6PM EST on Sunday March 27, 2022:
A long opportunity became available to us on the 4-hour chart on Crude Oil Futures in the wee morning hours of Wednesday, March 5 (2:36am to be exact!). That morning (after having the required coffee and bacon as part of one's trading routine) there was plenty of time to evaluate the trade setup using Supply and Demand analysis. When a trade like this appears and meets your rules-based qualification system, you can then give yourself permission to take the trade.
The destination (a.k.a, Target) needs to be an opposing level of qualified Supply. The interesting part, and hence the jist of this article, is that no matter how old a level is, "a level is good until it is not." The level of Supply identified was from July of 2008 – almost 14 years ago! It is treasure chest full of sell orders that was created in 2008 and hasn't been touched since!
As you can see from the chart, price entered that Target level and ricocheted right away like a cat on a hot stove! If you drill down to the 1-minute chart you can see that price stayed at that level for a full two minutes until all the Buy Orders were exhausted and the sellers were back in control, driving price back down.
When trading via Supply and Demand, don't worry about how old a level is... if it meets your criteria of being a quality level, take it!
As always, Trade Well!
ETHUSDT is creating a descending channel
The price is creating a descending channel on the daily resistance after a bounce on the 0.5 Fibonacci level on the Monthly chart.
The price got rejections from the 3k resistance, it's a key level.
On the 4h timeframe the price is testing the resistance on 2700$ and the market got rejections from that are.
How to approach?
For a bullish scenario, I'd like to see a clear breakout from the dynamic resistance and daily resistance on 3k.
Otherwise, if the price is going to lose the weekly support and retest the support as new resistance we could see a new short impulse. Next valid support is 2k –––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
My Top Favorite 27 Altcoins Right Now on Coinbase!In this video:
* I review my top favorite 27 altcoins I have hand-picked from the coinbase selection
* These coins are all primed, pumped, and ready to explode
* All coins adhere to the price, time, pattern methodology of selection
* Please remember my swing trades are typically 5-6 weeks on avg.
Best of luck traders,
- Stew
LYXE - Buy SetupNOT FINANCIAL ADVICE: This idea IMO for personal use only
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An idea for short term trade, so don't care about the utility.
Nice setup, scale out to the monthly / yearly view.
Entering at: 16.50
TP at fib level 0.618 and 1.618.
As always, watch for volume , NFA , DYOR, check on-chain data. Always be watching BTC .
Good chat.🤖
EURAUD Strong Downtrend Welcome back!
Please support this idea with a LIKE and COMMENT if you find it useful.
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EURAUD may temporarily correct near or back to previous resistance and give us another push downward for the bearish continuation. Current pivot (reversal) areas are 5740 zone (resistance) and 5600 zone support.
Be sure to follow the entry criteria rules for your strategy and keep this on your watch list!
- BKH
How to frame your market trendlines here i tried to explain how to retrace your trendilnes from long frametimes to small ones, in order to have some guides during your trading.
so, keep your eyes on my posts.
i will playback some market, in this case, i can convience you about the utility of that.
good luck
NB: these lines should be saved on your chart every time you open it.
ONE/USDT hello guys welcome to my chart analysis for HARMONY as we can see it making trend down after making the head and shoulders pattern based on this and fibonacci levels and support in the red in chart we can take opportunitiess for this zone and take profit in the hi green lines
BINANCE:ONEUSDT
SUPERBID one to watch 🧨*NOT FINANCIAL ADVICE: DYOR - This idea IMO for personal use only*
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I like this signal on this one and as a long-term hold strategy.
At the time of charting this it ranks #3266 on coinmarketcap with market cap $26.3M.
$Superbid is a social auction app that lets users bid on stars/musicians/influencers items up for auction. With the increasing interest in NFT space, my sentiment is very positive on this one.
One to watch. For now, a small hold bag and staying bullish.
**definitely watch this space IMO**
Using naked price action analysis:
🔸 ATH , Volume , Fib confluence zones and levels
🔸 For Trading: Suggested Entry, SL & Exit points are my theory only.
🔸 For Holding: Since this is a hold strategy / bag-set-and-forget strategy, I will DCA along the way on dips only, so any entry is a good entry.
As always, watch for volume. Do your own research, check on-chain data. Always be watching BTC.
This is not Financial Advice.
Good chat.🤖
FTM on deck 🍫 *NOT FINANCIAL ADVICE: DYOR - This idea IMO for personal use only*
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Entered this trade yesterday for a quick win on this next run. Will TP in next 24hrs.
So far playing out nicely as planned.
As always, watch for volume. Do your own research, check on-chain data. Always be watching BTC.
This is not Financial Advice.
Good chat.🤖
03/09 BTC/USDT PRICE ANALYSIS - ALTUS.FINANCEGreetings TradingView!
Bitcoin has been on a wild ride for the past couple weeks, we have managed to latch on to $49,000 with a level of conviction that perplexes the bears. Its bullish territory and a bulls game at the moment, we hope to see a daily candle close above the $50,000 mark. This will position us right for further upside. If we close below the $50,000 daily resistance level then you can expect us to retest $46,500 once again.
September is looking pretty bullish from the get-go, with many alts taking flight as BTC dominance drops to the low 40 percent mark.
Happy Trading!
ALTUS
LUNA for the win !! Scalping on the 🍉*NOT FINANCIAL ADVICE: DYOR - This idea IMO for personal use only*
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Been scalping my ass off over the last 6 days on the 15min. Luna has been great for this.
As always, watch for volume . Do your own research, check on-chain data. Always be watching BTC .
This is not Financial Advice.
Good chat.🤖
Bitcoin deciding its futureAfter the big selloff from the all-time highs, BTCUSD is now consolidating in the 30k – 40k area.
In particular, the pair is trading within a channel (blue lines) that typically signals and trend continuation.
The bearish outlook is backed by the major resistance displayed by the Levels and Zones indicator, and which sits at around 40k.
Should the price drop, it can move quite rapidly as low as 12k to complete an H&S pattern.
To contrast this view, the price could continue to move sideways until it eventually breaks above the current consolidation channel. To support this upward move, though, the Sentiment Index indicator at the bottom of the chart must spike to the upside and continue to stay positive for a prolonged period of time.
Remember to be patient and never trade impulsively. Always check confirmation from the indicators.