Many of my students love my indicators but asked for curated list of coins and the time frames that work best. This will save them the time to screen. Although it's quite simple to do the screening, I don't mind posting best coins/time frames to use JSC - SCALPER or JSC - SWING LONG on. Here we have a 94.44% Win Rate on ARC on SOL 15minutes using JSC - SWING LONG indicator. That's near perfect!
I sold most of my SUI positions today. My overall bias for SUI is still bullish. However, there are some bearish signs in weekly and daily charts. My main concern is if the bear trend resumes in the higher time frame, it will take weeks and months for the price to recover. Meantime, I identified long opportunities in other crypto currencies. I rather realise the profit and reallocate it to others. The reasons for concerns: Weekly: Both RSI and Stochastic have reached the overbought territory and are rolling down. MACD is losing bull momentum and MACD lines are about to cross to the downside. The similar setup happened in April 2024 and the price continued to drop for four months. Daily: The daily MACD and RSI are presenting clear negative divergence. The price also dropped and closed below the ascending trendline (orange line in the chart), and retested and dropped below the trendline as well as Fib 0.236. All daily momentum indicators are entering the bear zone. The reasons for not selling: Although the current chart setup looks pretty bearish, there is a chance it can be a bear trap. Large crypto exchanges and market makers can drop the price to liquidate long positions. For instance, the price fell and closed below the trendline on Oct 25th 2024 ( red vertical line in the chart) after forming negative divergence. But the price quickly recovered and started a parabolic leg up. There is a possibility the same scenario can play out this time as well. I might regret selling my positions, however, although the last time,the price dropped below the trendline, it stayed above EMA 55. This time, it is dropping below EMA55. In summary, I sold my SUI positions because I cannot ignore some strong bearish signs in the higher time frames. Although I still think SUI will perform in the long run, I have identified other crypto currencies that will outperform SUI for now. The opportunity cost of not taking profit and reallocating to others is too great to miss. I will let go of SUI for now, but I will definitely buy back when the bull momentum comes back.
So difficult to annotate. Takes some understanding of using the Fib retracement tool and parallel channel but happy to answer any questions. I still think we havent played out Wave 3. Seems there's a range and within the range profits to be taken. So pose the question, why not take advantage of that. Channel is the range,, however I do think that we will break below the channel at some point. Some may call it fake out. My attempt to reason with Fibs. 0.618 and 1.0 is awesome. Play play play.. and never give up .. so much fun
Pair: EUR/AUD ???? Direction: Buy ? Target: 1.65775 Time Horizon: Until Friday, Jan 24, 08:15 UTC ⏳ EUR/AUD has shown a significant downward move, potentially setting up for a recovery toward the target level. This setup aligns with observed market behavior and price action tendencies. Macroeconomic factors, such as recent eurozone data releases and overall market sentiment, could play a role in price movement. Traders should keep an eye on developments leading into the target deadline. Let’s see how this plays out! ?
Pretty standard set up for me, I typically trade this in a much lower time frame. Procedure rarely changes, find structure, use all of the patterns and build area of interest. Using a combination of a Cypher and Lighting/1.2 for entry also a sub cypher for target. Add levels posted in chart. use boxes for stop management. 1st yellow box move stop to BE, 2nd tp1 and 3rd tp 2. I trade Oil a bit differently if anyone is wondering as far as Tp's, Feel free to use standard off the top same process. I will update this if and when time allows. Best of luck guys 2025 is going to big!! 1st entry was 3o minute Pin bar, bought open of next candle. Late and 74$ was .414 and even handle, all things I have interest in.
We are using color-coded candles for easier speculation on price action!
The best that I can see at this point in time. I think trading under Trump will be volatile and the volatility will continue to be realized through the tape until midyear. I see 6308 to 6371 as top targets at this time, the path is very uncertain but against most thoughts of a parabolic move, I think EW prevails and timing sets up for midyear reversal and possibly the end of this large large bull run. Time will tell. Im often wrong. Not financial advice.
Team, we have been shorting AUS200 a couple of times at 8450 ranges SHORT aus200 at 8403 -08 double up short at 8452-58 - we should have a stop loss at 8515 Target 1 at 8982-76 - Please note: take partial and bring stop loss to BE once it hit the first target Target 2 at 8362-48 Target 3 at 8315-8300
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Along the same lines of my ETH idea, the annotations speculate what might happen