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BTC Swing LongPotential for a Strong Bullish Move 📈 BINANCE:BTCUSDT Based on current price action, I believe we may be heading into a significant bullish leg. Here’s why: Bullish Arguments: Previous Month Low (PML) is being disregarded. Previous Month High (PMH) is being disregarded. Previous Week Low (PWL) is being disregarded. Previous Day Low (PDL) is being disregarded. 4H swing high is being ignored. 4H swing low is being disregarded. The only bearish point to note: Previous Week High (PWH) is still respected. Trade Management: Once we hit the first Equal High (EQH) around 68K, I’ll move my Stop Loss to Break Even (BE) and manage the trade towards the final target.
Long
by Jaytradermb
2
Getting Ready for a Strong Bull Market in ETHBTC!🚀 The pair seems to have bottomed out, and the arguments are increasingly favorable for an upward movement: 88.89% Bullish vs. 11.11% Bearish. Bullish Arguments: Monthly Bullish FVA Monthly Discount Array Weekly swing low being disrespected Daily swing low being disrespected Daily Bullish FVG respected Daily swing high being disrespected 4H swing high being disrespected 4H swing low being disrespected Bearish Argument: Monthly PCL being respected so far. 🔍 We are on the verge of a bull market. Remember to manage your risk and be masters of your emotions! Don’t hesitate to take profits and, most importantly, learn from your mistakes and successes. Let’s go for it! 💪
Long
by Jaytradermb
ETH long momentum High risk Possible Momentum in ETH – 6 Bullish Arguments: 1️⃣ Swing low is holding. 2️⃣ Liquidity sweep below the swing low. 3️⃣ Discount Array Weekly 4️⃣ Bearish FVG disrespected. 5️⃣ Wick from the previous day still respected today. 6️⃣ Bullish FVG 1H respected Trade Management: The key focus is on how the weekly candle closes, so my stop-loss is placed tightly below the previous candle’s low. Target profit is set at the intermediate term high (ITH). Capital Risk: 2% R/R: 5.74
Long
by Jaytradermb
$AVAX - Buy Now or Maybe 115-117 *SMT**SMT = Smart Money Theory = everything you think that is not retail related to trading. First, SMT does not believe that triangles, wedges , trendlines , channels, harmonics, etc. has any effect on how price reacts. The second is to recognize that the price is not random, it is set by an algorithm controlled by those that control the asset. The Third thing to remember is price will move toward Liquidity and Balance. That's the basics. The rest is very unique in the vocabulary you need to have and the concepts that wrap around these ideas. AVAX has short term break of structure that is bullish where these candles have closed above the previous candles close. We missed the initial great buy, the pullback into the 61.8% level of this chart. However. The current high is a about 1 cent off from another daily high, Creating a false " resistance. I say false because the next time it runs up to that point it will break resistance. It may break it by very little which will cause the liquidity to flood the market (this area of $127.3-$127.4 is where buy stops and sell limits rest) Smart money will punch through that area to flood the market with liquidity chasing the chart down for a short period, and then reverse it back up hitting following stop losses or shortly placed stop losses. Taking the retail traders out. Happens every time. The real question is, where to buy? There are close equal lows on a 15/5 min time frame that could produce a little bit of liquidity underneath. about where it is now near the 119.5 area. The chart could push below that and spark more liquidity but I have a feeling if it did that it would drop down to the consequential encroachment of $118.226 or fill the fair value gap down to $117.16. The furthest I think it could go down would be $115 where there is a Bullish order block resting. and at that point price would reject it and send flying back up. Additionally the only indicator I use, The Williams %R, which is more of a volatility indicator, is at the over sold condition. That doesn't guarantee a biuy right away, but we're more likely to see it possibly be more oversold to the areas I suggested and then turnm around. As I'm typing this, it got under the Bullish breaker creating a bearish breaker. So I'd be betting on $117-$115 Good Luck and Good Trading! :) COINBASE:AVAXUSD BINANCE:AVAXUSDT HUOBI:AVAXUSDT OKEX:AVAXUSDT COINEX:AVAXUSDT FTX:AVAXUSDT POLONIEX:AVAXUSDT BITFINEX:AVAXUSD KRAKEN:AVAXUSD
Long
by BodiesXWix