This was a breakout trade in the Asian session, price close outside of the range that has been ongoing from London and the previous Ny session. Price closed out for a breakout trade. I took entry on close with the SL below the candle and looked left for a target in the old zones. This is for education purposes only, not financial advice.
Here’s the Zignaly ( AMEX:ZIG ) 8h chart. Since December 5th, we’ve been in a downtrend with occasional small legs up, but no higher highs have been formed. The KDJ indicator has given several buy and sell signals, with the second buy signal being very short-lived. Since December 5th, no higher highs have been made, which confirms the ongoing downtrend. Here come's the fun part. Looking at the data since December 1st, all downtrends have lasted around two days which you can clearly see at the white markings. Based on this pattern, we might see a reversal to an upward trend around Saturday, December 14th. I’m personally looking to buy again within the ranges marked by the two green boxes I’ve drawn. Buy: 0.140 - 0.135 OR Buy 0.131 - 0.127 Good luck and happy trading! Kevin
USDJPY is on bullish trend overall, but is trapped into consolidation channel. So I'm waiting for breakout to the upside to continue the ascending channel. kindly drop your comment.
Price closed outside red trendline and a new uptrend will probably follow Upmove started from sma10 and closed above sma50
A nice bull flag is observable on the hourly chart. However, there are signs of bearish divergence on both the RSI and MACD, accompanied by decreasing volume. This suggests that the lower trendlines might be tested first, potentially reaching the structural support around 1.7. Following this, we could anticipate a bullish turnaround. This could form the basis for a breakout from the flag pattern, aiming for a measured move to 3.5, which aligns perfectly with the 1.618 Fibonacci level. For this breakout to be valid, it should occur with significant volume and be followed by a retest of the breakout level to confirm the target. If these conditions aren't met, there's a risk of a fake out, leading to a drop back into previous structure, necessitating a re-evaluation of the position. Disclaimer: NFA - These are just ideas. ?
Major Crypto Project's Strategic Move Fuels Chainlink's Rally Chainlink (LINK), a leading decentralized oracle network, has experienced a significant surge in value following a strategic investment from Trump’s World Liberty cryptocurrency project. The investment announcement has ignited a wave of optimism within the crypto community, propelling LINK's price to a 15.9% increase since Wednesday. The Power of Oracles At the heart of Chainlink's success lies its role as a reliable bridge between the traditional financial world and the decentralized blockchain ecosystem. Oracles, such as Chainlink, provide real-world data to smart contracts, enabling them to execute complex financial transactions and trigger events based on external conditions. By leveraging a decentralized network of nodes, Chainlink ensures data accuracy, security, and tamper-resistance. This has made it a crucial component for various decentralized applications (dApps), including DeFi protocols, insurance platforms, and gaming platforms. The Impact of the Investment This strategic move has had a ripple effect on the broader crypto market. As more and more high-profile projects adopt Chainlink, the demand for LINK tokens is likely to increase. This, in turn, could lead to further price appreciation and strengthen Chainlink's market dominance. Technical Analysis: A Bullish Outlook From a technical perspective, LINK's recent price action is encouraging. The 15.9% surge has broken through key resistance levels, indicating a strong bullish momentum. The Relative Strength Index (RSI) is currently in the overbought territory, suggesting that a short-term correction may be on the horizon. However, the overall trend remains bullish, with the potential for further upside in the coming weeks and months. Key Takeaways: • Chainlink's role as a reliable oracle network is crucial for the growth of the DeFi and dApp ecosystem. • The recent investment from is a significant endorsement of Chainlink's technology and potential. • LINK's price has surged 15.9% in the past few days, driven by bullish sentiment and technical factors. • While a short-term correction may be possible, the overall trend for LINK remains bullish. Conclusion Chainlink's recent surge, fueled by a strategic investment from a prominent crypto project, highlights the growing importance of decentralized oracles in the blockchain industry. As the demand for reliable data feeds continues to rise, Chainlink is well-positioned to capitalize on this opportunity and further solidify its market leadership. Investors should closely monitor LINK's price action and consider its potential for long-term growth. Disclaimer: This article is for informational purposes only and should not be construed as financial advice. Always do your own research and consult with a financial advisor before making investment decisions.
PIVX is one of the older privacy coins listed on binance and other platforms as well Key Features SHIELD provides complete transaction protection, preserving privacy by hiding financial information. And it achieves this with zero preparation time. This is all made possible through PIVX's innovative use of Zero Knowledge Proofs. With SHIELD, you have the flexibility to transact while maintaining complete privacy. Zero Knowledge Transactions Thanks to our zero-knowledge transactions, your transaction details are kept hidden, while still being validated for authenticity and accuracy. Lightweight Proofs PIVX's use of lightweight proofs means that transactions can be quickly and easily verified for authenticity, without revealing any transaction details. Lightning-Fast Transactions With PIVX, transactions are lightning-fast, taking just half a second to generate and 1/100th of a second to verify, making them incredibly practical and convenient. Complete Privacy Where It Matters With PIVX transactions, both the sender and receiver's data and the transaction value are hidden, ensuring complete transaction protection and privacy. ?♂️?♀️ Transparent to Transparent Addresses and transaction amounts are publicly visible on the blockchain. This works just like Bitcoin where the sender, receiver, and the transaction (including the amounts) are publicly visible. ? SHIELD to SHIELD The addresses and the amounts of transactions are completely hidden. Even if a transaction between SHIELD accounts is recorded on the PIVX blockchain, it will be hard for people who don't know anything about it to link the addresses of the transaction and prove that they are related.
When USDT goes up, crypto tends to go down. USDT seems to be oversold at the moment, and a retracement is possible. This might only be a small retracement. There's no reason to sell, but it could be a good opportunity to buy more when crypto prices drop. Patience and a solid plan in advance are needed now.
Hello everyone, I invite you to review the SOL chart in pair with USDT on a one-day time frame. As we can see, the price of salt was moving in a downward trend channel, from which the price came up, and the increase itself, as is often the case in such a situation, is close to the height of the channel in which we were moving. Next, we can see how the price increase to the upper limit of the resistance zone from $238 to $261 has been rejected, only breaking it can result in an increase to the strong resistance at $298. However, here you can see how the price quickly returned to the lower range of the zone, from which the breakout resulted in a quick return to the support zone from $203 to $185. Currently, the upper limit of the zone is maintained by the cane, but if we see a rebound again and the zone is broken, the price may quickly return to around $165. When we look at the MACD indicator, we will see that we are still in an upward trend, but the recent recovery has made a lot of room for possible further increases.
sl new high sell limit 101555 tp 96000 lets go