Binancefutures
ZEC/USDT 12h (Binance Fut.) Ascending channel on midline supportZcash is looking very bullish on High Time Frame (HTF) right now.
Current Price= 77.37
Buy Entry= 77.82 - 74.82
Take Profit= 86.58 | 95.61 | 113.17
Stop Loss= 69.46
Risk/Reward= 1:1.5 | 1:2.81 | 1:5.37
Expected Profit= +40.32% | +75.84% | +144.84%
Possible Loss= -26.97%
Fib. Retracement= 0.5 | 0.786 | 1.272
Margin Leverage= 3x
Estimated Gain-time= 800h
ATOM/USDT 1h (Binance Fut.) Parallel channel breakdownCosmos just broke the support, I'm expecting some more retracement.
Current Price= 7.792
Sell Entry= 7.749 - 8.011
Take Profit= 7.340 | 6.922 | 6.529
Stop Loss= 8.420
Risk/Reward= 1:1 | 1:1.77 | 1:2.5
Expected Profit= +27.40% | +48.64% | +68.56%
Possible Loss= -27.40%
Fib. Retracement= 0.382 | 0.5 | 0.618
Margin Leverage= 4x
Estimated Gain-time= 120h
VET/USDT 3h (Binance Futures) Descending channel breakoutVeChain is looking bullish again and I'm expecting it to keep going up.
We enter the trade just in time, now it already left Buy zone so you could wait for it to add more or enter now if you missed out.
Current Price= 0.017973
Buy Entry= 0.017800 - 0.017290
Take Profit= 0.018745 | 0.019688 | 0.021085
Stop Loss= 0.016345
Risk/Reward= 1:1 | 1:1.79 | 1:2.95
Expected Profit= +27.36% | +48.84% | +80.72%
Possible Loss= -27.36%
Fib. Retracement= 0.5 | 0.618 | 0.786
Margin Leverage= 4x
Estimated Gain-time= 240h
BTC/USDT 4h(Binance Fut) Symmetrical triangle breakdown & retestBitcoin is retesting the broken trendline and I believe it will continue down again after that pullback ended.
Current Price= 11428.77
Sell Entry= 11521.44 - 11428.22
Take Profit= 11251.45 | 11044.59 | 10818.80
Stop Loss= 11701.47
Risk/Reward= 1:1 | 1:1.92 | 1:2.92
Expected Profit= +23.52% | +45.12% | +68.76%
Possible Loss= -23.52%
Fib. Retracement= 0.618 | 1.272 | 1.618
Margin Leverage= 12x
Estimated Gain-time= 360h
ETH/USDT 3h (Binance Fut.) Descending channel breakoutIf you keep missing out with Ethereum, you'd better do something about it!
This is another clear break-out to me and it could go for a new local high.
Current Price= 407.59
Buy Entry= 407.60 - 396.00
Take Profit= 433.15 | 469.65 | 497.47
Stop Loss= 375.74
Risk/Reward= 1:1.2 | 1:2.6 | 1:3.67
Expected Profit= +25.96% | +67.56% | +95.24%
Possible Loss= -25.96%
Fib. Retracement= 0.786 | 1.272 | 1.618
Margin Leverage= 4x
Estimated Gain-time= 240h
The price is still in the trend continuation patternOn the daily timeframe, the price moves in the trend continuation pattern. At the moment, we are at the lower border, where we can approach up. Purchases are still a priority. The situation will change only when the price goes down and is fixed under the figure.
XRP/USDT 12h (Binance Fut.) Bull-flag & parabolic curveRipple is breaking out that parallel channel and looking really bullish right now.
It should follow the trend like his little brother Stellar for a nice bull-run!
Current Price= 0.3002
Buy Entry= 0.3009 - 0.2909
Take Profit= 0.10957 | 0.12606 | 0.13926
Stop Loss= 0.08707
Risk/Reward= 1:1 | 1:2.86 | 1:4.3
Expected Profit= +24.48% | +70.40% | +105.16%
Possible Loss= -24.48%
Fib. Retracement= 0.786 | 1.272 | 1.618
Margin Leverage= 4x
Estimated Gain-time= 720h
COMP/USDT 6h: Descending channel breakout & pullbackCompound is looking bullish at last, it could be a good hedging position during Bitcoin correction.
Current Price= 143.85
Buy Entry= 144.02 - 139.00
Take Profit= 156.91 | 185.43 | 205.51
Stop Loss= 125.91
Risk/Reward= 1:1 | 1:2.85 | 1:4.16
Expected Profit= +32.64% | +92.85% | +135.48%
Possible Loss= -32.64%
Fib. Retracement= 0.382 | 0.618 | 0.786
Margin Leverage= 3x
Estimated Gain-time= 480h
XLM/USDT 16h (Binance Fut.) Ascending channel & parabolic curveStellar Lumens is on support and should resume uptrend soon, even if Bitcoin dips a bit more.
Current Price= 0.09998
Buy Entry= 0.10043 - 0.09623
Take Profit= 0.10957 | 0.12606 | 0.13926
Stop Loss= 0.08707
Risk/Reward= 1:1 | 1:2.47 | 1:3.64
Expected Profit= +34.32% | +84.63% | +124.92%
Possible Loss= -34.32%
Fib. Retracement= 0.786 | 1.272 | 1.618
Margin Leverage= 3x
Estimated Gain-time= 1008h
ONT/USDT 1h (Binance Fut.) Parabolic curve trend continuationFA: Ontology is quite bullish with that partnership with Elrond and that Neo pump.
TA: It just made a new high, let's see if we can catch a dip to follow the up-trend!
Current Price= 0.8333
Buy Entry= 0.8303 - 0.8103
Take Profit= 0.8607 | 0.9030 | 0.9892
Stop Loss= 0.7799
Risk/Reward= 1:1 | 1:2.05 | 1:4.18
Expected Profit= +29.58% | +60.48% | +123.54%
Possible Loss= -29.58%
Fib. Retracement= 1.4145 | 1.618 | 2
Margin Leverage= 6x
Estimated Gain-time= 120h
DOGE/USDT 6h (Binance Fut) Parallel channel on mid-line supportTA: Dogecoin is quite volatile lately, that could be a great opportunity to catch next pump.
Current Price= 0.003393
Buy Entry= 0.003403 - 0.003333
Take Profit= 0.003543 | 0.003686 | 0.003877
Stop Loss= 0.003193
Risk/Reward= 1:1 | 1:1.82 | 1:2.91
Expected Profit= +26.00% | +47.20% | +75.55%
Possible Loss= -26.00%
Fib. Retracement= 0.618 | 0.786 | 1
Margin Leverage= 5x
Estimated Gain-time= 480h
Bitcoin crossed it's main resistance thus making new S/RHello Everyone,
As I said in my previous analysis that bitcoin either will do a correction downwards which it did but not that much which I expected so after doing some correction it crossed its major resistance which was at 11400 levels ( I plotted parallel trendline in that area ) and I also drew some small uptrend channels which bitcoin has tested before and I was sure it will test those channels again if it goes uptrend or makes new highs. I would also talk about oscillators and momentum indicators which diverged before which is mainly short signal but according to me momentum indicators can be an unreliable indication as of now you have seen MACD has diverged recently but the price did not come down a lot of people were hoping about so if any of you guys are using oscillators or momentum indicators to short/long positions, I would strongly suggest relying on stop loss because high leverage can cause capital loss, you guys are only trading on futures.
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Yesterday Bitcoin made a new height so I drew a parallel resistance from that point and other parallel supports and resistances as you can see in the chart. Support and resistances were good nevertheless as I mentioned in my previous idea support and resistance become opposite once they are violated. Channel line can be of huge help in the future in determining trends and making internal supports and resistances which the price has experienced before so as you people can see in the chart I drew some uptrend channel lines which are being effective now. The price currently is testing the second channel I made and it has tried to cross it several times but failed even now the price is at the resistance level of the uptrend channel and if it crosses it and closes above the channel it will move from the second channel to the first channel that I made whos resistance is uneven because it has only touched once by the previous peak and never again so it can make a new high again thus making it a persistent resistance or it can bounce back from the resistance of the second channel that I made thus giving us a short sign with a stop loss just 3% up from the resistance and first take profit which will be at the middle of the channel and another 2 take profit of 25% which will be plotted mentally.
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Ichimoku Components -
Kijun - REDLINE
Tenken - BLUELINE
Senkou A - Upper Border of cloud when the trend is bullish and Lower border of cloud when the trend is bearish
Senkou B - Upper Border of cloud when the trend is bearish and Lower border of cloud when the trend is bullish
Chikou - The green color shadow of price moving 26 period back
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According to the ICHIMOKU trading system, the price still is in a bullish trend and it has 4 supports to cross so if it crosses Kijun that means it has crossed two supports which are Tenken and Kijun (that has not happened yet) so there could be 2 scenarios there would be a dump and price would cross Kijun when Tenken is above it thus giving us a weak signal of short or it would correct itself slowly and then there would be a crossover of Tenken and Kijun in which Kijun will be above the Tenken so it will give us a short signal and stop-loss would be at 3% higher than Kijun that will be also considered as a weak short signal because the price would be above the Kumo cloud and if there is any other activity of ICHIMOKU trading system I will update the idea automatically.
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If you like my idea do give me a follow and if am wrong at some point in this idea, tell me comments :)
Bitcoin going to make some correction or will make new highs XOHello Everyone,
We have seen a lot of activity of Bitcoin because it was deemed as real money by DC laws so masses purchased bitcoin and are now holding because it is digital gold (named) so my analysis is Bitcoin is in my top resistance and support area. The major resistance is at 11391 area and major support is at 9600 area but there are many internal supports that bitcoin needs to cross if it is planning to go to that area. A correction is a must after this massive pump according to supply and demand we have seen a lot of demand this week so there must be a correction.
Each time when previous resistance has been tested uptrend is in a critical phase, failure to cross the previous peak or unable to bounce the near support usually means that the existing trend is changing. Now bitcoin has made a new high that is 11394 if it fails to cross that resistance then surely it will retrace the path, nearest support is at 10832 which has tried to cross 3-4 times but failed to cross it thus giving us a good support area. An individual can take a long order whenever the price retests that support if the candle on 1 hour succeeds crossing that resistance, do not go for long order if the candle is unable to cross that support and makes a wig that exactly touches or is near support wait for the next candle if next candle crosses the previous candle high I would go long there with a stop loss that will be 3% down from support. Please do examine MACD and RSI before going for long I suggest this for every order MACD and RSI plays an important role in telling us about demand and supply so that can be of great help.
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Ichimoku Components -
Kijun - REDLINE
Tenken - BLUELINE
Senkou A - Upper Border of cloud when the trend is bullish and Lower border of cloud when the trend is bearish
Senkou B - Upper Border of cloud when the trend is bearish and Lower border of cloud when the trend is bullish
Chikou - The green color shadow of price moving 26 period back
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Ichimoku also gives a great idea that is the price is still bullish there are many signs of that like Kijun and Tenken crossover that happened few hours ago and still in motion, they are parallel that means the price is consolidation but major signs are still bullish. Another sign I want to talk about is the price is still above Kijun which means bullish until and unless it crosse the Kijun and closes below as well as the Kumo cloud, Price is above Kumo cloud which means the price is bullish and has 4 supports to cross which are TENKEN, KIJUN, SENKOU A and SENKOU B. Crossover of Senkou A and Senkou B is a little bit troubling me because Senkou B is above Senkou A which indicates us of a bearish sign but still bullish signs are a lot more than bearish signs so we can say that price is in the uptrend. Chikou line has also crossed the previous price line so that also means that trend is bullish.
If you have any thoughts regarding this idea or if I am wrong at any point, do tell me in comments :)