ETH Correction Short Opportunity Targets INC.My trade set up
Just opened at time of writing price was $166.XX something.
20x LEV Short ETH
TARGETS
1) $163.75 Then move stop loss somewhere near here to lock profit if trade goes bad which during uptrends they can fire off ANYTIME during a correction post pump.
2) $161.10 Then move stop loss "BLAH BLAH BLAH"
3) $159.25 YOU GUESSED IT. . . MOVE STOP LOSS IF YOU WANT TO TRY FOR MORE YOU GREEDY MAN :P haha
Also kind reminder this is not financial advice but I like to hear from people with like or contradicting IDEAS because it helps me and everyone else grow.
ARU
Stay Safe! Don't Chase! STOP LOSSES PEOPLE!!! :P
Leverage
XRP BTC MBA Trading Academy T/A FridaysHave located a potential bear flag on the 4 hourly, although daily momentum is heading down with LLs and LHs.
Waiting to see if the daily EQ can hold. If we break out of this bear flag to have a shot at the next supply zone.
If daily EQ cannot hold and we break below then i am looking at following trend down to the next demand zone.
Either way i will need a break and retest with bullish or bearish momentum depending on which way we break to confirm my entry for either scenario.
Stop loss will be set above / below previous market structure once we get an entry.
I will have a total of 2 Take Profits for both trades, one roughly in the middle with my final at supply or demand.
Trade should take approx a day or 2 to confirm an entry.
I am expecting 4-6 days for trade to play out so around a week in total from time of writing.
Chart by Phil Roberts.
Bitcoin movementNow my old short was meet with defeat, yet than the good old coronavirus hit and bitcoin gave me the middle figer and we hit our target. Will link it below, yet now I'm curious. r/Cryptocurrency is dead almost and everyone just wants to short bitcoin till 2k or even 1.5k. IMO I don't believe that. Now I entered a trade on bitcoin and litecoin on robinhood, yes I know and I just wanted to trade stocks with crypto and I just got the robinhood debit card so to me its fine. My litecoin trade lasted till NCLH hit my price target so I bought LTC on March 27 for 37.65 and sold today at 38.68 before buying nclh and putting the spare money into bitcoin.
My average price on bitcoin was 6396.31 with atm being up 2.29%.
Now I like being reasonable and I set a target of 8k, yet looking at my trendlines I circled an area at 8196-8564 before the halving. Now I'm about 40% postive we will hit there and 70% we are bullish. Now you can just look at the whole cryptospace on why they are bearish, yet I honestly stop watching r/Cryptocurrency due to the amount of shillers and junk that keept getting posted, yet now I'm bullish during this virus.
So does the charts support my ideas
-the MACD is over extended, yet could move up another 40 like before over extending the price action, which could hit 7k very soon.
-RSI is overbought, but most the time BTC loves being overbought in a bull market sceniero. YES I know we are in a bear market, yet we can have bullish runs for awhile.
-The emas have just crossed and we have broken above them, which shows bullish movement with the next ema looking to cross in a day or two.
-Buy volume has picked up since march 30 this morning with china market down and US market sideways as oil drops and gold and silver droping slightly.
I would be a buyer at any price, yet stop buying around 7200, which possible we wont hit that 8100 or 8500 range. Also to end this please stay safe out there. The virus may not kill, yet will decrese your lung functionality by 20-30% so you likely wont "recover" fast.
Ripple (XRPM20) 500%+ PProrfits | We Are Long on 10X LeverageWe are active with a trade for Ripple (XRPM20) with leverage.
We are sharing the full trade numbers below.
This is not financial advice.
This information is shared for learning purposes only.
Leveraged trading is for experienced/advanced traders only.
If you are a beginner, start by trading altcoins that have a lower risk.
-----------------
@BBLREGBOT | Trade: LONG XRPM20 | Ripple
Leverage: 10X
Buy-in: 0.00002500 - 0.00002700
Targets:
1) 0.00002755 |Hit (+40%)
2) 0.00002850 |Hit (+75%)
3) 0.00002940 |Next target
4) 0.00003040
5) 0.00003200
6) 0.00003455
7) 0.00003600
8) 0.00003985
Stop-loss: Close daily (D) candle below 0.00002500.
Liq. price: 0.00002452
(Price at writing 0.00002650)
Potential profits: 504%
Capital allocation: 8%.
-----------------
Thanks a lot for reading.
Remember to hit LIKE!
Ripple Vs Bitcoin Is Ready For Action (86% Mapped)
Namaste.
EOSBULLUSDT Ascending Channel (Target & Support Levels Mapped)Here we have the Binance instrument EOSBULLUSDT (EOSBULL) , which is a 3X Long on EOS Token, let's take a look at the chart.
First, we can notice the ascending triangle which we also saw on GXSBTC . This pattern can lead to a bullish break.
The RSI is strong and the MACD allows for bullish action.
We also have a "V shaped" bottom with high volume... These signals are pointing to the bulls taking the lead.
All the targets and support levels are marked on the chart.
Remember to have a plan/strategy (know what you are doing) before you trade.
Thanks a lot for reading.
Namaste.
#Bitcoin - #BTC another IH&S - PS.Don't hate me Just sharing what I see on the charts, interestingly it lines up close with our #bearish #BAT idea
I personally missed out on short, I did short form 10290 but took profit at around 87xx then we longed from 8460 & closed at around 9000, Opened a Short trade for auto traders around 91xx but personally didn't, Good thing is I trade on FTX so my collateral is sitting in USD & not BTC, unlike Bitmex.
won't advise to open up a super big position as this idea is based on weekly but who am I to say anyways - just a guy from internet as always you can also use Leverage on FTX, bybit or Bitmex to multiply your profits but remember Leverage Trading is HIGH RISK So is Crypto trading & that's why I am legally obliged to say
#DYOR
remember I am not a financial advisor & this are all just my thoughts :)
make sure to leave a comment & if you agree then hit that thumbs up, Don't forget to check out the telegram channel for timely signals & Autotrade my ideas (i talk more there then here 😜😜
Do not forget to check out other ideas & do share it with your friends :)
ShotSpotter - SSTI - A Number of Factors.Take a look at this chart of ShotSpotter .
The stock tumbled from its highs in late may, and has found support around its current levels.
Currently, it's trading with relatively low volatility in a strict range.
Today, it tested resistance around $30 and the situation currently looks bullish. This is a significant valuation level as it reflects the market pricing in the company's new customer acquisitions. Further, SSTI recently executed a share repurchase program late 2019. Please take a look at my previous posts to gain context on the stock, available for free here:
If shareholders react positively to a $30 valuation, I expect to see the price move easily to $33, where I'll look to take profits.
This is a short to medium-term trade.
--------------------------------
This is not an investment recommendation and the author of this post does not have a material interest in the mentioned securities at the time of its publication.
Inflection point, use CL1 for technicalsWith the standard rebalancing and leveraging of these products, you cannot use the DRIP technicals to find reliable trading points. CL1 is nearly a flat line, while DRIP has deteriorated downward (as it is designed to do). I am willing to sacrifice some of the profits for wishful thinking to break out higher.
*I am still long
**Stops around 88 and 86
***Might open a long oil position via UCO
20/20 Market Clarity | $xbtLonging a very tight level cluster below range, leveling 8123-8150.
Bidding 8136.5, playing a capitulation spring into that level and jumping back above, before trending up higher to clean 9.5K in the new decade.
Stop surgically selected at 7978, using HTF OHLC magic.
9.03R/R, this will be the first serious bitcoin trade of the year, and beginning of my work on this fresh ROE account.
Litecoin In Retrace Mode | Chart Mapped (8X Lev.)Here we have Litecoin (LTCH20) retracing. We can clearly see a break of EMA10 and EMA50 being tested.
Since Litecoin grew by 29% in this last wave, it is likely to see prices retrace further and test at the least the 0.618 Fib. retracement support, this would also match EMA200.
You can find all the important levels marked on the chart.
We are active here on 8X. Hit LIKE if you would like to see the full trade details.
Thanks a lot for your support.
Namaste.