$LTC - A Bounce to 99? #ICT Concept$LTC has been actively moving up since 09 Nov 2022.
It went from $47.06 to $85.13
Increased 79% in 25 days.
$LTC has better performance than $BTC which is in sideway from 15.5k and 18k
#NFA #DYOR
I think if $BTC is still consolidating in that zone,
$LTC will have a bounce to $99 and potential reach $115.23
Right now, we're waiting for retracement back to discount zone (Fib 62 & 79) so we can look for a LONG setup.
Let's see 👀
Analysed based on #ICT Concept
Orderblocks
SP500 Correction Alert: Supply&Demand, Ichimoku & Trend AnalysisHello friends,
SP500 is going to experience a rough patch in 1H timeframe.
as shown in the chart, two long term and short term upward trend lines are broken .
also from an Ichimoku point of view, conversion and baseline have crossed downward with a red Kumo cloud switch and the price is below the kumo cloud. this is one the most powerful Ichimoku signals.
so its probably very wise to close all speculative long positions if you have any, meanwhile I suggest opening a short position with stop loss at: 4020, and take profit at 3730 which is the next demand zone and is marked by an order block . this short position has the risk to reward ratio of 2.6 .
Please manage your risk responsibly and make informed decisions.
Good luck!
Ethereum 3D Elliot waves with demand zone analysis hello friends,
as you can see on the chart, we have a solid downward 5-waves movement and since the wave 4 of the Elliot waves theory is already completed, we should wait for the 5th wave to mature to find the bottom.
I believe the market will continue its downward 5th wave and the best demand zone for the wave completion will be 550-640 order block . so if you want to invest in Ethereum the best support zone is yet to come and if you be patient enough you will get to buy it on very attractive prices.
Setting orders on the mention order block (550-640 USDT) with a stop loss of 490 to prevent from being stopped out on sudden market movements is a proper investment strategy for Ethereum.
Please manage your risk responsibly and make informed decisions.
good luck!
EURNZD CASE STUDY 1:60 RRLooking around on this past entry that I have
analysed back then. POV: The analisys was right
but I didin't took the entry.
So first of all we were looking for possibles sells
entry's on the Distribution structure formed, at
the the end of September to October. Continuing
with the market direction we see that price broke
structure to the low and created a new LL on the daily (1D).
We missed the first entry's before BOS (Break of Structure),
but as we know, we always going to have another
or better entry, if we missed the first one.
The market is full of opportunities.
What we see?
Price went and retested a Weekly POI (Point of Interest) and then broke structure to the downside.
1º Confirm that price is going to do a correction
2º Look for possibles zones of supply or OB
3º Hold the trade if price brake a LL again
Looking for our supply zone.
If we zoom in on the ENTRY 2, we can see 2
possibilities for entries; the first one is the NULL ZONE, it has a OB that was partly mitigated.
And the second zone is an OB+ IMBALANCE on a blue box, that was refine on the 5m TMF (Time Frame)
Why did we choose this POI?
The zone of supply lead to the BOS (Break of Structure),
the second confluence is that is a OB on the 1D TMF
The best time to invest in crypto? 💰Hello everyone 💙
When is the best time to invest in crypto?
After full targeted pervious analysis it's a good time for add a new analysis for the next move.
There is a high probability that the Bitcoin will fall further. I think Bitcoin's price could still hit $10k - $12.4k zone.
After hit the zone, it's a good time to invest in crypto for long term.
There are several possible ways for next crypto moves, and it's depended on Macro decisions.
So, I reveal my plan for a cheap purchase but don't forget "The Market Structure Is The King!" and if the market shifts, my analysis will also change.
HP Bos vs LP Bos - Supply & Demand Trading Hello traders
In this example, I will show you what HP BOS (break of structure) and HP POI (point of interest) look like, and on the right side you can see an example of low probability BOS (break of structure) and low probability POI (point of interest).
BOS (break of structure)
-Break of structure or BOS is the term used by
traders, and it simply indicates a break of the recent structure
We have 2 types of BOS
1. High probability BOS
2. Low probability BOS
High probability BOS
-You can see the high probability BOS on the left. The price impulsively breaks through the most recent structure, the momentum is present, and at the end, we see a good candle close, the price did not leave a big wick.
Low probability BOS
-You can see the low probability BOS on the right. The price barely breaks through the most recent structure, momentum is not present, and at the end the price leaves a large wick - the characteristic of a large wick is that the price no longer has momentum.
POI (point of interest)
- POI | Supply & Demand is the place where we want to sell or buy
We have 2 types of POI
1. High probability POI
2. Low probability POI
High probability POI
-When we want to select the HP POI , we want to see that the momentum is present, as in the example on the left. The price did not leave a wick, it impulsively broke the high, and we see a nice closing of the candle.
Low probability POI
-When we see a low probability POI, we don't want to see that OB as a potential trade opportunity. On the right, you can see the low probability POI. The price has no momentum, it leaves a big wick which tells us that the momentum is weakened.
I hope this example helped you to better understand the difference between high probability BOS & POI and low probability BOS & POI, if you have any questions, drop it down below.
btc continue downward movementhello guys
i really think btc is on descending parallel channel and it continue its downward movement until reach to important target...
on the other hand, it touch too many times top of parallel channel and make this line so week so be aware of possibility of break up...
personally don't get this position it is risky for me but still it is possible...
always do your own research.
If you have any questions, you can write it in comments below, and I will answer them.
And please don't forget to support this idea with your like and comment.
Ethereum: sell order place in the order block putEthereum made an interesting analysis that we can to entry in short in this trade. In the previous candlestick, formed a bearish hammer, indicating sell-off. What we can to short this cryptocurrency toward $1,090 USD.
In H8 timeframe still bearish in this side.
Meanwhile, in Daily timeframe we see a possible perspective that Ethereum may to continue down toward $1,000 USD
So, I'm shorting Ethereum that I put this trade to short now!!!
Good luck!!!
EURUSD CASE STUDY 1:41 RRIn the first week of November we note that the price has previously made a new structure in the TMF of 1W and 1D, breaking the previous LH and creating a new HH.
The first thing we note in before marking our zones of Interest we look for the following confluences:
1º BOS (Structure Breakout).
2º Small pullbacks and continuations.
3º Signs of weakness of the strong hands on sale.
Taking into account our confluences, we can mark the zone of interest, the one where the price is more predictable to react with an upward movement, we can also call demand zones.
Already in the first week of the new month we should align ourselves with the most important news, here comes in the NFP (Non Farm Payrolls), Interest Rates, Unemployment Rate and PMI Index, these are part of our analysis and play a big role in the macroeconomic system of each country.
Moving closer to the demand zone, we mark an OB (Order Block + Imbalance) on the 15 min TMF (Time Frame). Here it is more predictable that the price will mitigate the pending orders and fill the imbalance created earlier.
The price already approaching our zone, completely mitigates the OB + Imbalance and creates an accumulation zone before responding with the
upward movement.
For a more precise entry we decided to place our Pending Order between 100% of the OB and 0% imbalance, so as not to risk losing the trade.
With the bullish reaction in our favor, we place our SL at Breakeven and our TP (Take Profit) above the HH. We can extend our TP even more, if we look at the weekly TMF.
We get a 1:41 RR with a profit of +650 pips.