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Strong

Bitcoin - Hit of a Strong Trading Channel - 7 May 2022KRAKEN:BTCUSD in the past 3 weeks was in a really tight range of 8% and 2 days ago dropped significantly breaking the strong support at $37'500 and was stopped 24H ago on major dynamic support from W time frame. What is the supported thesis technically for the expected scenario on Bitcoin? - there are two potential scenarios one with 25% probability and one with 75% probability - If the price breaks even with $100 this yellow line - probabilities for a drop to 32K will be 75% - The MACD indicator hits low points and soon will start forming - Accumulation on bigger time frames supports the thesis that this is still a connection between major 4 and major 5 wave - Don't over-react the situation still nothing so scary If you have any questions related to this trading idea I will be happy to provide you with answers.
BITSTAMP:BTCUSDLong
by TradingTie
3
GMT new ATH near? Dear traders, GMT (green metaverse token) has repeatedly shown the strength and solidity to be able to aim very high. Since its launch, it has had a lot of progress making dizzying numbers. In my view, however, these numbers are not over yet. In fact, as can be seen from the chart, after recording a new ATH, the price has started a little correction to retest the resistance that has become support at $ 3.5. We are now facing another strong upward price action and the targets are shown in the figure. Will GMT be able to register a new ATH? We'll see :)
Long
by Acrome77
6
STRNGR/ETHstrong currecny migrated to strngr appears to be a succsesful migration to new token and the beginning of strong chain i think if strngr drops to 30$usd its around 70$ rn teh maintenance fees become too great to justify maintining nodes could be the death scenario for this project but the team and all the whales invested make me think they wont let that happen but we'll see how we go if this falling wedge breaks upwards then theres 33% on offer here to retest the .618 not bad considering the potential long term upside associated with nodes.
W
by olliecoughland
XAUUSD GOLD WILL BREAK THE TRENDLINEgold is currently forming a downward trendline on the M15 timeframe, however, will form a break the trendine here is shown the Take Profit position for intraday have a nice day.. DISCLAIMER: Trading in foreign exchange (“Forex”) on margins entails high risk and is not suitable for all investors. Past performance is not an indication of future results. In this case, as well, the high degree of leverage can act both against you and for you. Before you decide to invest in foreign exchange, you should carefully assess your investment objectives, experience, financial possibilities and willingness to take risks. There is a possibility that you will lose your initial investment partially or completely. Therefore, you should not invest any funds that you cannot afford to completely lose in a worst-case scenario. You should also be aware of all the risks associated with foreign exchange trading and contact an independent financial advisor in case of doubt.
FOREXCOM:XAUUSDLong
by AlfajrinTasrin
dYdX (DYDX) Buy ZonedYdX (DYDX) Buy Zone -------------------- BIAS Mid-Term : Bullish Long-Term : Bullish Risk : Medium dYdX has broke our downtrend on the 4 hours timeframe, signaling a relatively strong mid-term move which will one be confirmed once we break above our targets 2 in short-term. -------------------- $DYDX/USDT LONG SETUP Leverage : x3 - x5 Entry Price : 6.71 - 7.05 TP 1 : 7.215 TP 2 : 7.47 TP 3 : 7.8 TP 4 : 8 TP 5 : 8.35 TP 6 : 8.65 TP 7 : 9 TP 8 : 9.65 Stop Loss : 6.29 *Maximum 3% of Portfolio. *Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry. --------------------
Long
by Zerene
GBPUSD Supply too strong?GBPUSD has been moving ever so fluently recently. It is once again providing a clean set-up for us to read and understand when it comes to supply and demand trading. Price since mid January has been moving towards the downside, halting and forming a large pull back on the 1h chart. While this pullback did retreat into a supply zone, it formed a strong push below the most recent low and has begun forming another pullback. Keep an eye on the pair to retrace its steps back up into the most recent supply, there was a strong push from that area. If we find our way into that zone, head into the 15m chart and look for entries to go short. What is your analysis?
Short
by the5erstrading
2
dYdX (DYDX) Buy ZonedYdX (DYDX) Buy Zone -------------------- BIAS Mid-Term : Bullish Risk : Medium After a correction of over 70% from our All Time High of $27.5 down to a low of $6. That's much deeper than initially expected, however it's probably the best move we could’ve seen before a much stronger comeback. -------------------- $DYDX/USDT LONG SETUP Leverage : x3 - x5 Entry Price : 7.6 - 8 TP 1 : 8.29 TP 2 : 8.76 TP 3 : 9.31 TP 4 : 9.72 TP 5 : 10.24 TP 6 : 10.76 TP 7 : 11.41 TP 8 : 12.44 Stop Loss : 6.96 *Maximum 3% of Portfolio. *Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry. --------------------
Long
by Zerene
2
ROSE - My Trading Plan in a picture!Hello everyone, if you like the idea, do not forget to support with a like and follow. on DAILY: left ROSE is overall bullish trading above the blue trendline and now retesting its All-Time-High so we will be looking for trend-following buy setups. on M30: right ROSE is forming a channel in red, so we are waiting for a new swing high to form around the upper trendline to consider it our trigger swing. (projection in purple) Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone) Meanwhile, until the buy is activated, ROSE would be overall bearish can still trade lower till the blue trendline before going up. In this case, we will be looking for new buy setups to form. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Long
by TheSignalyst
18