Never trade with your beliefs, against the market ...BTC/USDTGood day, dear friends.
My open short position is failing because I entered it only because I expected it, and now, because of my persistence, I will suffer a loss because I gave a bad position because of my persistence ...
Never, never trade like this.
I saw a strong level, I saw a flat zone ...
And I also know that the bisector of an expanding triangle in an uptrend, if it breaks out, the price always goes out of its range.
And also, we have an upward range with a support zone.
Also, there is a hammer + volume candlestick - which indicates a trend change (price direction)
Also indicators MACD and RSI.
Everything pointed to a trend reversal, but I - ... I will not swear here, now I have a loss, and I am ashamed to admit that I was mistaken for so many positions and for the first time - i have a loss (big loss) ... I made a mistake because i gave the wrong recommendation ..
if it succeeds (judging by the inverted hammer), the price should return - and I will be able to close this position at breakeven.
If not, I will suffer a 1.2% loss of my crypto portfolio.
So, I ask each of you - do not trade on your beliefs and your visions.
Only the graph, only the volume, and only the correct analysis.
Don't repeat my mistake.
Reverse
NZDCAD SHORTS FROM WEEKLY RESISTANCE**BIAS - SHORT:
NZDCAD has been bullish for quite some time but has now reached resistance on the weekly time frame. A Clear daily ascending channel 3rd touch confirmation is also evident, with lower time frames like the 4hr and 1hr showing signs of reversal patterns. SHORTS can into 0.9000 are very favourable.
Bitcoin May Reverse will test 23100 - 22500 SupportLime -> Yellow
Yellow * 5 Reverse
Trade close manually when: the above ribbons turns Yellow or better Red.
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DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
DOW 30 ending diagonal, are we gonna see nice drop soon?Hi traders, as you see US30 is forming ending diagonal, and inside that diagonal we have rising wedge pattern which can reverse, but if that rising wedge wont hold price, then we can see retest from upper trend line on ending diagonal. Anyway i expect nice sells there! I wish you great holidays and stay safe! Good luck to everyone!
MRNA, price trend reversalThough MRNA has been generally overbought in the past few weeks, the market seems to be rejecting the low prices of the upper 130's. Fundamental speculators valuation is near 150, so we can expect a distinct bounce back in the upcoming days, and in addition to this, we expect good news regarding the FDA approving their vaccine as new public health data comes to light.
Are we in a bearish market?Happy Sunday everyone, I hope you guys have a good day. We have a big week ahead of us. Today I’ve been analyzing SPY, looks like we are heading into a bearish market.
Just waiting for tomorrow to see how the week will open up. Let’s stay humble and keep an eye on the market and be ready for big moves.
BNBUSDT created a triple top 🦐BNBUSDT created a triple top on weekly resistance and broke the daily dynamic trendline.
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The triple top is a type of chart pattern used in technical analysis to predict the reversal in the movement of an asset's price. Consisting of three peaks, a triple top signals that the asset may no longer be rallying, and that lower prices may be on the way.
Triple tops may occur on all time frames, but in order for the pattern to be considered a triple top, it must occur after an uptrend. The opposite of a triple is a triple bottom, which indicates the asset's price is no longer falling and could head higher.
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IF the price will retest 0.382 - 0.5 Fibonacci level and it will have another rejection According to Plancton's strategy, we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
SNTBTC Engulfing SignalHello, Dear Subscribers!
Today we received the signal for the SNTBTC price movement reverse from the downtrend to uptrend by the Automatic Engulfing Strategy.
The RSI and BB Indicators demonstrates the bounce off the support lines. Another one confirmation of the trend reverse is that the price broke the descending downward trend channel.
We expect the 2.1% price growth from 0.00000171 to 0.00000174. The alert was automatically executed by SkyRock Signals trading bot.
LARGO - DATA - Oportunidad de CompraBINANCE:DATABTC ha estado en un periodo de consolidación de varias semanas luego de la ta gran tendencia bajista en la que concluyó la subida descontrolada de hace varios meses, por fin ha vuelto a hacer del MA50 a 4h un soporte, lo que nos indica que la tendencia potencialmente va a cambiar.
Entrada: 0.00000442
Objetivo 1: 0.00000485
Objetivo 2: 0.00000524
SL: 0.00000424
Momento™ no proporciona asesoramiento de inversiones y no tiene en cuenta las circunstancias personales de los suscriptores al analizar las inversiones. Invertir implica un alto grado de riesgo y debe ser considerado solo por personas que puedan permitirse el lujo de sufrir una pérdida de su posición completa.
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USOIL BUYUSOIL will reverse from now. Previous trade Take Profit was too big, it will not go there because of new OPEC deal. Deal does not mean price will boost fast. Big oil producers are still afraid that price can fall again.
Hit the like button if you find it helpful and informative and follow to catch every wave correctly.
Previous Analysis
EURJPYThis same time at 1h,2h, 4h candle closure may say a lot about the next direction of this pair for today.
Im not expecting a breakout for the continuation of the bulish moment, but we never know. Only time and confirmations will say.
There is some of my lines that i think must be accurate for this situation.