AUDUSD - BuyHello traders,
I prepared an analysis of AUDUSD and created important levels on H1 TF where I would like to look for a buying opportunity, yesterday I opened a marked short position and my TPs are just in the marked buy zones and I already have SL secured on BE.
So the best way to take such a trade (BUY) is to set an alert and wait for the phone to ring and then wait for the signal on the lower TF and enter. Good luck!
IMPORTANT WARNING:
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Rebounds from marked zones created by trading positions of large institutions such as banks or various financial funds may not create new HH or LL and therefore it is very important to collect partial profits at least according to these rules. This will help you to keep your equity curve constantly growing and protect your funds from big drops if the price unexpectedly turns against you. But the decision is only in your hands.
I personally prefer setting up multiple TPs , here's an explanation:
1) 1:1 allows you to take a 50% position and thus secure a balance against loss in case the market turns
2) 2-5 :1 means profit (25% trade volume ), after reaching this TP I move SL to BE
3) 5-10 :1 means bonus money with rest of trade volume (again 25%)
Money is lying on the ground, just bend down for it! Be patient and wait for the price to reach a strong zone and open a position!
Alert
BTC is bullishCurrently forming a bullish divergence, double bottom. Recent Point of control zone is around our bottom, most volume traded is around that area, I believe that the whales are buying in now, we could see some reversal to the upside soon on bitcoin, I won't trade the first resistance because it will look risky, but I will short the one above it because if we close, we will pump. Then we will go down to grab some liquidity before going more upwards, or just continue going downwards after filling the point of interest zone of the recent structure that we broke. First TP should be reached, then we will see.
If we fail to reach other tps and close above our first short stop loss, we will see another massive pump to the next point of interest zone.
Bitcoin: Short term: BULLISH
Mid-term: 65% Bullish
Bitcoin Resistance Zone Broken! First Time Since Nov. 2021!Ok Traders. I am not all the way bullish yet. But this is looking good. For the first time since November we have now broken to the top side of our long-standing resistance zone and out of this year-long bullish descending wedge. Before we get too excited, remember, confirmation candles are necessary here on the daily. We need another candle to open and close above the zone. Three candle closes above more definitely indicates that it's ole' Bitcoin's time to shine again!
Ravencoin RVN Bear Market RallyFriday the S&P hit a new 52 week low, being oversold right now.
I expect a bounce in the stock market next week, which will determine a bear market rally in the crypto space too!
Ravencoin RVN is one of the cryptocurrencies that have a lot of potential for a bull run.
RVN/USDT
Entry Range: $0.032 - 0.037
Price Target 1: $0.045
Price Target 2: $0.057
Price Target 3: $0.072
Stop Loss: $0.029
Bitcoin Triple Bottom ATTENTIONBitcoin Daily, Triple bottom pattern.
How does it work?
The triple bottom pattern consists of three acute lows at around the same price levels.
The pattern typically takes almost 4 months to develop. It is one of the longer patterns to develop.
The triple bottom is a reversal pattern. This means it is important to the quality of the structure that it starts with a downward trend.
If we take a look, it actually did take more than 4 months indeed. I'm midterm bullish on bitcoin, and decided to share this scenario with you. This scenario will get cancelled if we break below our lowest low. Enjoy!
BTCUSDT NEXT DIRECTION, CRASH OR PUMP?1D BTCUSDT,
Bigger picture: Bitcoin has formed a descending triangle, inside of it we could also notice that we have got an inverse head and shoulders pattern. On the small timeframe we could notice that on the last 8 days we have formed an Eliott wave corrective pattern, expecting our (A) corrective phase to end here at the demand zone of (Point of control) for this whole period since we tested the bottom. Which will take the price back up to the (B) Phase where we should be testing the CC Level (0.618 Fib) of the drop, testing that level cannot be promised tho, the pullback could be weak. But what I know is that our (C) Phase is going to end up around 19500.
Let the market generate more information for us before we take any actions, stay safe brothers! We will keep you updated.
GBPAUD scalp presents 👀GBPAUD short has alerted.
Trend trade identified and entered.
Working M30 timeframe on this strategy.
Trade details can be found on the chart in printed label.
Working to TP targets on the printed label.
Trade box is tracking the trade.
Looking for a quick scalp here on this pair.
Want to know how I identified this trade you know what to do.
Thanks for looking
Darren🙌
EGLDUSDT Bearish Cancelling EGLDUSDT long, this is what I call beartrap, they are forming a falling wedge on the 4hours timeframe and trying to make us forget that we recently have broke below a bullish flag, many people will try to long here meanwhile they are taking us to the double TOP on the retest of the breakout. We warned you first! ;)
IOST Bearish SentimentSeptember has major catalysts for the crypto market as well as for the stock market.
The Ethereum merge on September 6th, that will end on Sept 20, the inflation report on September 13 and the next FOMC meeting afterwards with the new interest rates hike.
That is reflected in the crypto space in general as a bearish outlook.
IOST has a negative overall sentiment recently.
I have the following price targets:
IOST/USDT
Entry Range: $0.012 - 0.014
Price Target 1: $0.011
Price Target 2: $0.009
Price Target 3: $0.008
Stop Loss: $0.016
$DOGE BULLISH SUPPORT TOWARDS $0.23The price of Dogecoin (DOGE) has continued to remain strong against Tether (USDT) despite growing bearish market sentiment as other crypto assets continue to decline in price.
The price of the popular cryptocurrency traded from about 1 cent on Jan. 1 to almost 75 cents on May 8 when Tesla Inc Elon Musk hosted "Saturday Night Live."
Currently at these prices, this is an opportunity for an entry while this crypto asset is not trending and thats the whole point to buy before the hype.
Base on the trendlines between support and resistance we are about to break out one way or another. View the RSI combo.
How To Send Alerts From TradingView To TwitterSend alerts in just a few minutes from TradingView to Twitter using webhooks.
With one webhook URL and workflow in Pipedrem you can send alerts to Twitter, Telegram and Discord at the same time (keep in mind that you need ONLY ONE webhook URL and ONLY ONE workflow) .
You can see the needed tutorials in my previous videos for sending alerts to Telegram and Discord.
How To Send Alerts From TradingView To DiscordSend alerts with just a few clicks in 3 minutes from TradingView to Discord using webhooks.
And further in the video learn more about working with Discord.
The example commands for JSON that I used in TradingView's alert section in the video:
{ "content" : "Buy" }
{ "content" : "Buy 1 min {{exchange}}:{{ticker}}, price = {{close}} Time ={{time}} " }
GBPAUD D1 - Break & Retest (Sell Signal)GBPAUD D1
We are now starting to see some seller exhaustion and buyer correctional play coming in. Hopefully we can pullback up towards out confluence zone of 1.72650, here we have our are a of H4 s/r, and a healthy corrective point of 618.
We would obviously like some sort of H4/D1 PA confirmation to tick off the third confluence.