Entrypoint
USDJPY > Bullish Hs Pattern, Waiting for Entry!!Analysis on #USDJPY
Hello friends.
again nothing on the higher time frame for me, so let us have a look at the lower time frame technical analysis for USDJPY.
As you can see the market dropped sharply after the NFP news, but since then the market did nothing and formed a head and shoulders pattern.
For me it is a low probability head and shoulders pattern, it did not happen at structure level or a rounded number.
i will watch the market and see if it will break out above 109.65 then I will look for a trend continuation entry
Friend, if I am helping you somehow, you can also help me by liking this post and commenting below. much appreciated
Check today analysis below⠀
>>“In Trading Losses Are the Cost of The Wins, TradingAxis.”
____________________________________________________________________________⠀
-Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION and I have no reason to act on it and neither should you
THETA/USDT: Finally a pullback for a new entry.THETA was amongst the best performing coins considering the last 12 months.
Finally we see some pullback for new entry opportunities.
The upwards moving trendline did act very well as support so far.
As gaming and streaming will become bigger and bigger also THETA is likely to increase in value.
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.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
Upcoming BTC Long Entry Point1. If the triangle pattern continues like this, we will most likely see this happening.
2. The other secenario would be just consolidating here and eventually breaking through the 42k+ area.
So the entry at 32.161$ would be a great time to go for a long, in both scenarios. 🚀
Drastically (+3.5%) falling below my long entry is very unlikely.
Like if you agree 👍 Else I would be happy about constructive feedback; so let me know in the comments
QTUM/USDT Update: Huge pullback. ATH now >10x awayQTUM did see a huge pullback >70% and is now at a critical lvl around 8$.
This and the 4.5$ support are nice entry levels.
We are currently >10x away from the ATH around 100$ and Qtum did have great news this year.
This graphs shows you why it is smart to take out some profit along the upwards ride.
Then you have to buyback at lower levels.
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.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
ADA/USDT Update: 50% Shakeout. What's next?Cardano did rally to new ATH around 2.4$.
Some speculations about Elon accepting ADA as payment did help as well.
At one point the FUD did influence the price and we saw a huge shakeout well >50%.
Luckily most people in the Cardano system are more of the hodl and stake type so we don't expect mass panic in ADAland.
Currently we got back new upwards moving trendlines.
Let's see if these can hold and if we get a nice bounce of them.
The Cardano ecosystem is about to explode once we get smart contracts which are around the corner.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can (also partial profit is profit)
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
We would love it if you could share your thoughts in the comments.
Discussions are very welcome here.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
- White lines are Fibonacci retracement levels
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
NEO/USDT Update: Closing the gap to old supportCurrently Neo closes the gap to the old support arounf 40$.
We still did not see new ATH which lies around 180$.
However, we stay optimistic for this year to reach new ATH after the dust settles from this current pullback.
We broke out of the upwards channel and try to get back in again.
The volume over 2021 is high which indicates demand.
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.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
ONT/USDT Update: Retesting old support lineOntology is currently retesting the 0.9 support line the second time. It did hold strongly during the last test and we assume it will again.
We did break out of our upwards moving channel and have to take another shot.
Checking the RSI we see that we are near the oversold region and the volume is in a steady rise since 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.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
REEF/USDT Update: New entry at a discountLike the whole market also REEF did see a major pullback despite recent bullish news.
This is the opportunity to buy REEF at a previous support level like 0.023 or 0.016.
Currently the whole market is in panic mode but once the dust settles and people realise that they should take FUD too seriously they start investing again.
The RSI currently is closer to the oversold region.
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.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
EPS/USDT Update: Looking for Support. Currently in free fallIf you followed the EPS charts you noticed that we stayed bullish on this coin.
Currently the situation is the following:
We don't have any support line left and are currently in free fall.
What does this mean?
It basically means we have no idea if and at what price level this coin turns around.
Will it turn around?
Most likely yes, since the use case of low slippage decentralised stablecoin swapping is necessary as long as we have and use different blockchains.
We now start staking since we don't realise at a loss and it looks like this takes some time to recover.
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.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
FLAG PATTERNS - Hi
(1) as you see when a bullish pattern wants to be a bearish pattern , after breaking support line , we can see a bullish flag or bullish triangle .
(2) as you see when a bearish pattern wants to be a bullish pattern after breaking resistance line we can see
bearish triangle or a bearish flag pattern .
so these patterns will help you to understand market better .
ADA USDT SHORT (15) This is not a trading or business advice
-------------------
Good morning everyone,
I Being a personal Holder of Cardano since a long time now, but currently the recent moves of BTC and the market (thanks Elon & Cie) means for me a deeper correction (for the middle short therm). And its great for us. This means it's a great relief for the coin after this first run, and this also means its a great entry point for you for the futur.
For cardano we could be dealing with a descending wave (there is still some intermediate support), if we put the height of the downwards triangle this gives us approximately the big support zone around 1.60$.
ENTRY : 1.99 - 1.65
STOP Below 1.60
if we break (UP) and confirm to the north in the next few hours this analyse is invalid.
if we break below 1.60 (unlikely) .... no comment
RAY/USDT Update: Raydium entry found. Solana Blockchain pumpRaydium as the leading DEX for the Solana Ecosystem which still is very young.
According to the upwards parallel channel we get a perfect entry opportunity and can enjoy the ride.
The volume increase is appealing and a bullish sign.
So far Raydium did not see a big pump so you are not too late for the party.
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.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
REEF/USDT Update: Looking for an upper breakoutReef did had a hard time and some bad news.
That's probably one of the main reasons it consolidates within the drawn triangle.
Upper resistance now was tested for 3 times and every time the resistance gets weakened.
We therefore assume to see an upper breakout soon.
So far we don't really have price targets since we would move into price discovery mode.
Set your target and enjoy the ride.
Entry zone is either the breakout or the retest.
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.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.