FTA — Trading Ideas on TradingView

Do you think I'm joking ???As you can see, the price is forming two bullish patterns on the 4h timeframe, If my view is correct, DOGE will rise to $0.53 . And if this pattern is correct and breaks, higher targets are possible. Give me some energy !! ✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us. Best regards CobraVanguard.💚 _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!

FTM Short Hello , Someone asked me to analyst FTM if you want to i analyst something you can say it to me . ok we are in the lowest price and the #Bitcoin situation is bad too i think we gonna decrease again

GBPJPY - Liquidity Trap Looking for a potential liquidity trap on Pound Yen today on this standout low. This looks nice for a quick shakeout as it's the only low formed since breaking 138.2's so trying to hunt the stops here. Will need confirmation to enter i.e. a break below and close above, showing that traders are trapped in positions. Will target the FTA.

Bitcoin Price Has Failed to Overcome These Points Repeatedly Bitcoin price has been performing well recently. The last three weekly candles have closed with increases recorded and this week has brought the price of bitcoin back above $4000 and looks likely to close with an increase. But bitcoin has risen to a point that it has failed to overcome time and time again. Since March of 2018, the price has failed to overcome a downward trendline it has tested on numerous occasions. The last significant test of the downward trendline was in November where price failing to overcome the trendline resulted in a depreciation of almost 50%. Price is once again approaching this point and has been exhibiting similar behaviour to price action leading up to the November drop. Price has been consolidating since December forming both lower highs and higher lows. Similarly, the price was also consolidating forming both lower highs and higher lows in the months leading up to November. This may not mean that price is going to react in the same way but it does mean that the downward trendline deserves to be monitored. Price has also found seller liquidity on numerous times over the past few months between $4070 and $4250. We will be looking to enter a short position just below this territory at $4060 if the price can continue to rise to this point. We are setting our stop loss above this territory at $4290. We have set this just below $4300 as there can be more significant slippage at psychological points such as prices with round numbers like $4300. Our profit target will be $3780 which will be just above the FTA we expect at $3768. Price has met support at $3768 numerous times over the past week. This trade gives us a risk to reward ratio of 1.22 meaning this trade needs to be right at least 45% of the time to be profitable. Some further reasons we are taking this trade: Price is trading at the monthly 50 EMA which it had failed to close above when the February monthly candle closed. Selling pressure came in to bring the price back below this point before February finished. The monthly RSI is also trading near all-time lows showing selling pressure has been high. Price is also trading at the 200 EMA which seems to have acted as resistance on numerous times. We will keep you good folks updated on whether this trade becomes active and how we manage it if it does. Let us know your thoughts in the comments and check out our newsletter to get analysis straight to your inbox.

Buying Pressure Falling in Litecoin – Double Divergence Formed We are looking for to take a short position in litecoin versus bitcoin after today's upward movement. Litecoin has been performing well in relation to bitcoin after forming a high of 1514 satoshis in recent trading, over double the lows of December. We are looking to take a short position which will be going against the general trend as it stands and will also be going the idea that price can continue the strong movements that it has been recording today. So... why are we doing it then? The trade is a short-term bet on litecoin having to fall back before it can make another significant movement upward. The main reason we believe this to be the case is a double divergence forming on the litecoin versus USD chart between price and the RSI. This shows price forming a series of higher highs despite buying pressure continuing to fall. This contrasts the bitcoin versus USD chart where the price and RSI are pretty much in line. However, as with any trade, we could be wrong. We will only enter the trade if the price reaches 1450 sats. In the case that we are wrong, we are setting our stop loss at 1470 sats and we would anticipate some resistance to come into play at 1466 sats. Our profit target is at 1420 sats, giving us a bit of comfort room to exit before where we expect the FTA at 1412 sats. This gives the trade a risk to reward ratio of 1.5 meaning this trade needs to win at least 40% of the time to be profitable. At the moment, the trade is just in as a limit order and we will keep you updated if it gets filled and how it progresses. Let us know your thoughts in the comments!

We are going to be shorting bitcoin price increases As much as we don't like to say it, we are on the bearish side of the fence when it comes to the price of bitcoin :-/. The sharp sell-off seen two holy Sundays ago is what made us bearish. We have marked the sell-off with the black arrow on the above chart to make things nice and simple. The real question is why did that make us bearish? Here's the thing... The drop which took place resulted in the price of bitcoin failing to overcome several pivotal points. Firstly, the price rose above the monthly 50 EMA but failed to close above showing rejections of values above this point. Secondly, the price fell away from the weekly 200 EMA showing this level has once again acting as resistance. Thirdly, although price did rise above its former high, it failed to close above on the daily chart As seen in the daily chart, bitcoin spent much of the last week forming small bodied candles and consolidating between $3769 and $3902. The break below which took place yesterday adds more confirmation to our bearish bias. So... What are we going to do? We still want to be smart about choosing your entry points as opposed to just randomly going short. This doesn't make much sense from a risk-reward standpoint and always runs the risk that the bulls come back to town. What we are currently doing is looking to enter a short position at $3760. The reason we have chose this sweet point is $3769 acted as support several times last week and we would expect it to provide some resistance if price can increase to this level. In terms of profit target, we believe the first trouble area is $3633 so we will be looking at a profit target above this at $3650. In terms of a stop loss, if price breaks above $3769 and $3831 which we would both expect both to act as resistance, we are clearly wrong and have our stop loss set at $3850. This gives this trade a risk to reward ratio of 1.22 meaning it needs to win at least 45% of the time to be a profitable trade. The main reasons to enter this trade are the bearish bias we have and the expected resistance levels. Let me know in the comments if you have any thoughts or other opinions on the price prospects.

GBPNZD LONG Hey guys, havent been around for a while and will not be as active as before but i thought to myself this would be a nice trade to share with you guys. Lot of fib confluences and a weak NZD lets us stand a greater chance that this pair will reach its pre-brexit low in a year. The orange lines are area's we might run in to problems at as well as the fibs. Entry will always be on a lower TF. Trade with care and see you around,