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Entrypoint

Cardano dropped down to long term support. Good entry pointCardano tests the longterm purple support line which currently sits around 1.3$. The support line around 1$ could be tested before we get a trend reversal back to higher prices. Sundaeswap released its beta and did show that swaps are working on the cardano blockchain. Once the bugs are fixed we expect the ecosystem to grow at a rapid pace. The RSI is barely above 30 and therefore very low --> Good entry point. We expect Cardano to hold the 1.3$ line (or at least the 1$ line) and begin a trend reversal back up. Feel free to comment or ask anything you like. Always do your own research and keep in mind that my charts and comments cannot be considered financial advice. Cheers Ctumbler
Long
by tumbler55
🚀🚀🚀LITECOIN 🚀🚀🚀🚀 My Litecoin technical analysis I go over a bullish bat formation stop levels, take profit levels Entry levels risk to reward profile also go over trend continuation trades. entry, stops, and target on them too What a three-point move is. What an Impulse leg is lots of information in short time. watch it couple 20 times This is the rules I use Video is ok imo I hope to do better in the future me learning share if you found value Thanks GL on your trades Remember A good trade setup can be a losing trade
COINBASE:LTCUSDLong
by JoeyMullins
3
Establishing a position in QYLD - how and why QYLD is a covered call ETF. They write calls on stock they own to bring in more consistent and predictable income. They do this to generate returns via options, this is helpful if you don't know how or aren't comfortable writing calls on your stock. It would behoove you to establish small positions after they pay their dividend should you choose to buy in. This happens monthly so you'll have more opportunities down the road to add onto your position. Their top holdings are VERY concentrated in the FAANG stocks. Does well in neutral markets. QYLD pays a hefty dividend of 11.94% or about $2.70/share annually Here is the wise way to buy this ETF. Wait until the dividend is paid (monthly in this case), and then spread out your buys across the next several days. There is no sure way to tell when the sellers will be done selling, so you want to be strategic - be careful of how long you wait because you may miss the dip all together. Note : QQQ returns are significantly higher over the long term. QYLD is NOT in my opinion a buy and hold forever investment. Use is as a hedge if you want, but however you use it I hope that this short idea helps clarify how to maximize your return with QYLD. NASDAQ:QYLD
NASDAQ:QYLD
by DontSlamTheDoor
3
4 Types of Trading Confirmations"Wait for this confirmation!" "Look for this confirmation!" When I first began my trading journey, these are phrases that I kept seeing get thrown around and had no clue what it meant! What am I supposed to be looking for? What do these confirmations exactly mean? It quickly began to get frustrating and confusing... Then eventually, things started to click one piece after another. Confirmations are a fundamental part of your trading and must be fully understood if you want to be successful in this game. So, what is a confirmation? Well, it depends on many different scenarios, but in this post I will talk about 4 of the most common forms of confirmations with examples! 1️⃣ Price Action When analysing many different instruments whether that is forex currencies, crypto projects or even stocks. You will often see when searching for trading opportunities that there are various confirmations that price will give clues about on the chart that we can trade from. Price action & candlestick patterns are one of the strongest form of confluences as far as confirmations in trading go. They can be accurate reflections of the current market sentiment and gives you clues of what price is trying to communicate with you. Making them very reliable when used in the right hands of course. Different types of price action confirmations such as doji's, pin bars, double top/bottoms & engulfing candlesticks have been proven by history time & time again to be a reliable method of identifying and predicting future market movements and is a major part of my technical analysis. But, is it a good habit to instantly place a trade as soon as we see one of these confirmations? Short answer, NO! I wish it could be that simple... Trading with only one price action confluence will soon bring inconsistencies into your results and will negatively impact your overall success rate. Instead, we need multiple confluences layered on top of one another to give us the best chance of predicting where price will head next. 2️⃣ Indicators Whether you're purely a price action trader or an indicator heavy trader. From simple moving averages to complex computer algorithms, indicators play a big role in the trading industry. Being 100% objective and removing all psychological aspects through providing real numbers, figures and data. They can be extremely beneficial to certain traders when it comes to carrying out their technical analysis. For many traders, the various signals from indicators are considered to be accurate and reliable information. However, all indicators share one negative thing in common and that is that they are all lagging . Meaning the data provided is not a live representation since it uses previous price action to pull its data and is unable to account for what is happening in the market in the right here, right now. Often resulting in traders missing out on the big power moves, getting into positions too late or executing trades with bad risk:reward setups. Not to mention the potential for many traders to rely on indicators too much and begin to lose their own edge in the market (imagine a double edged sword if you will). 3️⃣ Fundamentals Which are figures deriving from news events such as in an economic calendar, news & tweets etc. Actual fundamental news can become your best confirmation tool. However, the main obstacle right here is the promptness, validity and reliability of the data that you get. The information shouldn't be delayed and it must be objectively true. The search for such a source is by itself is a very time-consuming and labor-intensive business not even mentioning its potential costs. And that is not all. Knowing how to make sense of that data, its proper perception, and understanding requires a solid economical and financial background and experience. At the end of the day, becoming an expert in fundamental analysis, the trader can easily sort the trading zones and trade only the ones that are confirmed by a decent fundamental trigger. 4️⃣ Key Levels Us retail traders unfortunately don't control the market. There is an average of $5 trillion flowing in and out of the foreign exchange market every single day! And the majority of this trading volume comes from the big institutional players such as banks & hedge funds etc. Therefore, it's important to know where these big players are buying/selling & why... When analysing you pairs, you'll often see that price will naturally be magnetised to specific key levels. For example, key whole round figures that end in 0's & 50's such as 1.5000 or 1.5500. These are called psychological levels which the institutional market participants like to trade around purely for ease of mind. These levels on various pairs have stayed the same for decades and for many years in the future and is one important form of a key level. Trading these key levels will allow you to find great liquidity zones, rejection areas and break + retest setups.
Education
by NimmoCapital
Helium prints new ATH at 35$. Is 50$ next before 2022? 🚀Intro: - Helium (HNT) is in the field of decentralized wireless infrastructure and a decentralized machine network powered by a physical blockchain. - Helium is mined and distributed to Hotspot Owners. - There is no pre-mine of Helium and every month approximately 5 million new coins are minted. - In circulation we have 100 million coins out of possible 223 million coins. - Total market cap is currently around 3.5 billion and still has a lot of room to grow Daily chart: - Price finds itself at an ATH around 35$. Unless you Dollar cost average (DCA) it is not recommended to add at an ATH. We therefore suggest you wait for a pullback and buy lower (for example around 27$). - Volume seems to in- and decrease during and after pricepumps. No clear trend is seen here while price keeps increasing. - RSI analysis shows that we are in an uptrend that confirms the current price trend. We currently face resistance at the 80 line which is the entry zone of the overbought region. Again not the best play to buy. - Moving Average: Price is far away from the 20MA which is bullish, however for adding coins it's a bad entry point. - Support lines are at 26.5$, 18.5$ and 9.5$. The ascending yellow line possibly acts as support as well. - Resistance lines are currently non existent since we are in price discovery territory. Expectation: - We expect HNT to perform well within the next 3-4 months and print new ATH's. - However, to enter the game we strongly suggest to wait for a pullback. Congratulations to all that are already invested into this project. - End of the year prediction: We will see a 50$+ HNT before the end of 2021. Basic rules: - Never buy the top/ ATH - Take profit as long as you can (also partial profit is profit) - Use Stop/loss for leveraged positions - If you are not experienced, don't leverage in the first place Enjoy the ride and don't be too greedy. If you like the content, please like, comment and give this channel a follow. We would love it if you could share your thoughts in the comments. Discussions are very welcome here. Always do your own research and keep in mind that my charts and comments cannot be considered financial advice. Cheers ps. Chart explanation: Main lines: - Green lines are tested support lines. - Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet. - Cyan line is for volume trendline. - White lines are Fibonacci retracement levels Helplines: - Purple lines are trendlines we take a look at. - Blue, green, white and pink lines are 200MA, 100MA, 50MA and 20MA. - Yellow lines are for visual help only. Specials: - Boxes represent either entry zone or support zone . Check the description. - Cameras represent MA crossings. Yellow camera stands for a golden cross while the cyan camera stands for a death cross.
HLong
by tumbler55
4
Btc Wave 5, 2021 Q4 debut to 2022 Q1 end of the bull Just to share with you my opinion: Since June 2021 we has followed the cycle from 2013, but now that's much more like 2017. Trying to look back into the datas, we have a lots of similar indicators facts. In october we already close my target and monthly avrge. Im aslo worked in a new algorithm that may look like S2f and S2fx but after checked on datas i joint a new equation that i call "The synergy" . A acceleration that btc has made during the last decades, calculations and average of each days from past years, % , ... On the link you have my previous analysis that for me still correct at many points. Now, Here is my vision by calculations for what's "can" coming after review. The velocity has increasing and the synergy has quadrupled *November Target 96k - 103k Midlle range 89k - 91k Floor Close 77k - 85k *December Target 134k - 149 Midlle range 125k Floor Close 107k - 119k *January Target 233k - 260k Midlle range 190k - 210k Floor Close 160k - 180k *February Target 308k - 320k Midlle range 273k - 297k Floor Close 244k - 259k *March - Early April (Crazy part and ending) Target 396k - 421k Midlle range 364k - 382k Close 348k
by CryptoMeisterOfficial
1