Downloading...
Download

Thread

TOMO. The long rise has just begun.Do you like Magic? You love the surprises behind it, right? You want to understand, HOW this has worked out? But what will you feel, when you finally understand the mechanics? When you finally realize all the nuances that has lead to the result. Now imagine what will you feel, when there are millions of people looking on the magician, not seeing the backdoor. But that is YOU who know where to look. What will you feel? Supermacy. Today I am showing you one more puzzle to the whole picture. I have already shown you my Vision on BINANCE:TOMOUSDT . If you haven't seen it, do it. TOMO is one of the few coins with the chart that can give you a religious experience when look closely. It is Perfect. It is forming a very long, deep structures on both USDT and BTC charts. Consider printing its chart on the wall. Because, when people will be yelling from their losses (and they already do this), when they will think, what is happening to this "shitcoin" a(s they alredy name it), when they know BTC will fall to sub 20k, so what to expect from TOMO, i will say this: Look at how did TOMO behave on 16-18 Aug, when BTC went down 13%? How did it behave in the exact hours when BTC fell 9% in an hour and most of Alts crashed? TOMO was in its own range. Nothing had changed. Look at this TOMO/BTC chart. How does it look for you? P-E-R-F-E-C-T Breakout formation. Great New support zone that has formed after the breakout and served us ath the first higher low (though we didn't for the higher high yet). Big Low support zone for the Radical Buy-In if we fall below this New support zone during the next, most probably - final, BTC crash. FINAL WORDS . When BTC falls shortterm for the last time, people will look for the projects to save their holdings and make some good amount of money. Some of them will go in Gold and commodities. Some will go to cash. Some - to exceptional Alts. TOMO might be their best entry. P.S. On the previous Cycle TOMO was the one to make 1360% up from its bottom, even before the whole Bullrun had started. P.P.S. It had Tripple, Not Double Top. Think about it If You have read till this point - You are my true audience I look for and I sincerely appreciate and admire you. I am forming the community of the ones who Can , and moreover, IS Eager to think and analyze deeper and wider. - A.I.Vision
TLong
by A_I_Vision
A THREAD :BASICS OF HAMMER CANDLESTICK FORMATION (PATTERN). What Is a Hammer Candlestick? A hammer is a price pattern in candlestick charting that occurs when a security trades significantly lower than its opening, but rallies within the period to close near the opening price. This pattern forms a hammer-shaped candlestick, in which the lower shadow is at least twice the size of the real body. The body of the candlestick represents the difference between the opening and closing prices, while the shadow shows the high and low prices for the period. KEY TAKEWAYS:- Hammer candlesticks typically occur after a price decline. They have a small real body and a long lower shadow. The hammer candlestick occurs when sellers enter the market during a price decline. By the time of market close, buyers absorb selling pressure and push the market price near the opening price. The close can be above or below the opening price, although the close should be near the open for the real body of the candlestick to remain small. The lower shadow should be at least two times the height of the real body. Hammer candlesticks indicate a potential price reversal to the upside. The price must start moving up following the hammer; this is called confirmation. Understanding Hammer Candlesticks A hammer occurs after the price of a security has been declining, suggesting that the market is attempting to determine a bottom. Hammers signal a potential capitulation by sellers to form a bottom, accompanied by a price rise to indicate a potential reversal in price direction. This happens all during a single period, where the price falls after the opening but regroups to close near the opening price. Hammer should look similar to a “T.” This indicates the potential for a hammer candle. A hammer candlestick does not indicate a price reversal to the upside until it is confirmed. Confirmation occurs if the candle following the hammer closes above the closing price of the hammer. Ideally, this confirmation candle shows strong buying. Candlestick traders will typically look to enter long positions or exit short positions during or after the confirmation candle. For those taking new long positions, a stop loss can be placed below the low of the hammer’s shadow. Hammers aren’t usually used in isolation, even with confirmation. Traders typically utilize price or trend analysis, or technical indicators to further confirm candlestick patterns. Limitations of Using Hammer Candlesticks :- There is no assurance that the price will continue to move to the upside following the confirmation candle. A long-shadowed hammer and a strong confirmation candle may push the price quite high within two periods. This may not be an ideal spot to buy, as the stop loss may be a great distance away from the entry point, exposing the trader to risk that doesn’t justify the potential reward. Hammers also don’t provide a price target, so figuring what the reward potential for a hammer trade is can be difficult. Exits need to be based on other types of candlestick patterns or analysis. Psychology of the Hammer :- As we have seen, an actionable hammer pattern generally emerges in the context of a downtrend, or when the chart is showing a sequence of lower highs and lower lows. The appearance of the hammer suggests that more bullish investors are taking positions in the stock and that a reversal in the downward price movement may be imminent. The long lower shadow on the hammer candlestick indicates an effort to continue the price’s downward trajectory, but the higher close represented by the real body indicates that the sellers were ultimately unsuccessful in holding the price at its intraday low. The price’s ascent from its session low to a higher close suggests that a more bullish outlook won the day, setting the stage for a potential reversal to the upside. Hammer Candlestick Pattern:-📈 How should you trade with this pattern to take entry at lowest levels? 1.⛏The hammer candlestick is found at the bottom of a downtrend and signals a potential ( bullish ) reversal in the market. ⛏The hammer candle has a small body, little to no upper wick, and a long lower wick - resembling a ‘hammer’. 2. 🔨Hammer candle can be of any colour – It can be either of Green or Red colour. 🔨The lower shadow should be at least two times the height of the real body. 3. Psychology; This candle pattern indicates that the price dropped to new lows, but subsequent buying pressure forced the price to close higher, hinting at a potential reversal. The extended lower wick is indicative of the rejection of lower prices. 4. Reversal signal :– Entry for Bulls: It indicates the rejection of lower prices. When found in a downtrend it could signal the end of selling pressure and begin to trade sideways or reverse, after confirmation such pattern can give the best entey to play reversal. 5. Exit signal:- For Bears:- Traders that have an existing sell position, can view the hammer candle as an indication for reversal and they can take exit to existing sell position. 6. Confirmation is important : Entry in any trade should be taken only after the confirmation. Fomo of entering into a trade without any confirmation can trap you in a wrong trade. 7. Stoploss: Once entered into any trade after the confirmation, stoploss can be placed below the low of hammer candle. Traders, if you liked this thread , write in the comments. I will be glad.
NSE:ULTRACEMCO
by Jha_Nidhi
CRYPTO THREAD #2 : Ask your coin analysis !RULES & GOALS ▶️ Ask me my chart analysis of one coin you want in comment, if I find something intersting to say and show, I will update the idea with it. ▶️ This will be only base on my chart analysis strategy. I will not give fundamental analysis , so if you want me to analyse a shitcoin I will do it ! I think it's could be interesting if you want to have another point of view than your own. It could be usefull to compare perspective of evolution or area of interest for exemple. ▶️ I will also post a comment with the name of each coin I had if you want to react about it or debate. ▶️ Only one coin per person ! ▶️ You can find BTC analysis in my LDTP updates, so it's useless to ask it here. 🛑"Making money in trading is math and respect of strategy, so never let your emotions guide you in uncomfortable positions"🛑 👉 Like, follow or comment* if you like, I need it to continue ! *Speaking of comments, come ask questions, come share your point of view, come debate, I need to feel that my without counterpart work is usefull for some !
by Kentg
22
THREAD #3 : Commodities Update ‼️I know it took time to get this thread update, I'm sorry for that, but here it is ! ▶️ How it works ? Ask me in comment my chart analysis of the asset you want if it didn't have already done under. If I find something intersting to say and show, I will update the idea with it. A comment of each asset expose will be post under, come react about it or debate. ▶️ Before to start I want to remind that we are in a period of conflict and news can emerge at any moment with strong effect and reaction on market. So invest carefully on this hard times and reduce your loss exposition on market when you can. Don't forget to take profit too. CRUDE OIL ✅ One of my perspectives in the last update was to see price going to the A line before to fall back rapidly, we falled but we can see we stopped just before the resistance. Precision of the market is remarquable so I keep this target in mind to get reach it in the future. For the moment we can expect a return on the 2b line, constructing a channel, even if the exact channel would be to target 3b but it can be an exageration of the market. Like each commodities update, I remind that it's a highly manipulated asset so, or stay away of it, or be very careful of your loss exposure. GOLD ✅ "The chart don't have change since the commodities update of the 20th of January. We are coming to the end of the bull scenario. I invit to take profits on the conjoncture of the resistance area and the (2c) resistance. There is no interest to sell a refuge asset like gold, even more in this time of conflict. So if there is selling signals take it like an opportunity to buy it lower. Especially here, we will wait for buying signals on the (1b) or (1a) support and the best case would be the support area of $1,700 - $1,675 but far from now." This was my exact words two months ago, I think there is nothing to add because it's exactly what is happenning. We've seen a buying pressure on (1b) but without buying volume, so no reason to buy, now we are going for the next area : the (1a) support. Wait signals, if there isn't on (1a), wait the support. SILVER ✅ Like for the gold : "I don't expect a breakout of (1b) and the resistance area, so for me we will see the construction of a range between them around $27 and $29. The biggest probability for me is a bull outcome of the range to target the (1c) resistance (scenario A) and probably more after. If we reject the resistance strongly after lateralization I expect price to go deeply retest the (1a) support around $20." Very close again from the reality, in fact, we ranged (2$ lower from my expectations). Unfortunetly we didn't got the bull outcome and strongly rejected on supply. Like expected a deep retest to the supports. Speaking of now, the close of tonight is really important cause we broke the 2b support and reacted with buying pressure on support area. If we close tonight back inside the channel (upper of (2b)), we could expect a reintegration and so with buying volume tomorrow, a confirmation of it. Else we could expect a simple pullback on the broken support (which mean short opportunities on lower timeframe) to go back lower to the expected bear scenario of 2 month ago, the $20 area. Furthermore we can see a stop hunt pattern taking place on support, nice setup to see climax. COPPER ✅ Copper have been one of the assets that I most spoke. Because of the Wyckoff Reaccumulation pattern we had, and which brought signals and targets. The last update was the failed SOS, closing the long position because of the expectation to see a pullback to the support. In fact we are going for it, we are always in between so expectations didn't changed. We will see on support if we have long signals to exploit. Maybe we could build a bigger Wyckoff pattern (reaccumulation or distribution), in this case it would be really interesting because we could exploit as long and short signals around, respectively, support and resistance. PLATINUM ✅ Very similar as silver we can observe the sames patterns, sames signals. So no much things to add, if we reintegrate we can exploit pullback on (2b), else we wait opportunity given by stop hunt to take a deeper position around $840 or $760. PALLADIUM ✅ "We made an SOS which has also failed. So technically, the biggest probability is to see it go down on the (2b) line in a first time (scenario A) maybe more with (1a) before to retest the resistance (1b)." Nothing more to add again, the plan continue to go in the right way. We are ranging around (2b), no signal for the moment so we can expect a continuation to (1a) (SCENARIO A) but it's important to stay aware about the possibility to see a Wyckoff acummulation here (SCENARIO B), no signal of it for the moment. WHEAT & CORN ✅ The master word on the last update on wheat was to take profit on ATH because of the expectation of a strong selling pressure like oil, in fact it happened. We already made half of the job to go back to the last resistance being broke. Wait signals around here to target a retest of ATH. Else each broken resistance become a nice spot to target entry. Corn is similar to it. For both, with the macroeconomic context we can expect retests of ATH. In all case stay careful, it stay heavily influenced by the macroeconomic dynamics so from news also. SUGAR ✅ A nice way to finish is to speak from the plan we had in the last update and which succeed ! We had a Wyckoff Reaccumulation Pattern, it was EXACTLY the same setup as the one on the copper which also succeed. The spot to survey was the pullback on the creek, entry signal was perfect on H4 timeframe. Target on 2:1 ratio, then second target on resistance level, then exit because of the failed SOS. It was a nice setup shared it and I'm happy of that. Let's speak of future expectation now, it's really close to the copper analysis. We will see if we could build a bigger pattern, in this case everything is exploitable ON SIGNALS always! Furthermore we stay in a monthly interest area where as Wyckoff Reaccumulation and Wyckoff Distrubution pattern could bring to a big movement. So it will be an asset to look closely on in the future. 🛑"Making money in trading is math and respect of strategy, so never let your emotions guide you in uncomfortable positions"🛑 👉 Like, follow or comment* if you like, I need it to continue ! *Speaking of comments, come ask questions, come share your point of view, come debate, I need to feel that my without counterpart work is usefull for some !
NYMEX:CL1!
by Kentg
18