Just now opened an Xrp long. I anticipated that before a major selloff that might signal local top that we'll retest $3.4> Took my chances and buy while it was breaking back above the $3.14 support area after bouncing aggressively/sharply. Tps are on chart and potential early close area. I noticed with xrp recent price action that every time it dips it gets bought back up to the nearest resistance on the 4hr tf, expect similar price action today if the current 4hr candle manages to close back above $3.14 area.
2D time frame and lots of angles, but find them interesting but I trade the horizontals. Look for the First previous high on the time frame you are trading and very often the re-test will be down to that first previous high, one the 1hr that's $265-66 ish, traders are front running that spot quite often this re-test buy area is between the .618 and the .786 or on the 61.8 strong trending moves may only retrace to the 38.2 on the way up, but most likely eventually will get retested
When you are in the markets for a longer time you can see the mistakes people make over and over again. To break it down: So Trump tweeted his meme coin and now Solana is pumping and ETH is dropping. So people invested in ETH are getting unsure because look at the strong green candles of SOL and ETH looks like it's sliding away. So now people are chasing SOL and suddenly ETH is nothing worth anymore. Well that's the receipe to get REKT and loose it all. Fundamentally how can ETH be worth nothing? They have +20 year experience and grow organically to the level it's now. ETH is integrated with almost all platforms. ETH is always the leading altcoin to start altseason is will now also. Technically just because ETH is making some red candles doesn't mean it's a weak coin. Actually the opposite, while SOL is pumping just because of a hype that's never good and will fallback to the real price. ETH is consolidating in a nice wedge and will breakout heavy in the coming weeks. Then altseason is started don't miss the boat.
Dollar index to rally this week Jan 19, 2025. Use of Smart Money Concepts in Analysis
Marked out the midnights for the week to see the difference between 6pm opening and midnight opening.
Last weeks WEEKLY candle pierced the previous weeks low impulsively reversed. Breaking structure and leading to a FVG that was left untapped. Looking to buy anywhere lower than 21,452.75.
bullish flag on 1D time frame, time to buy the breakout
Looking to buy AUDJPY when market opens. Price hit support 96.300 and now looks to retrace up to 98.600. The JPY index is showing some good strength but a little retracement would not hurt. Buy AUDJPY upon market open for a good entry
GADEEEE! Baited youu! Come here So previously on the journey of btc episode the recap is below https://www.tradingview.com/chart/BTCUSDT/EPN0np7L-Legendary-BTC-and-its-way-to-75k-or-105k/ Press the play button please. Now btc likely made a pennant and it would eat that pennant, retesting 106k and again falling, but eventually, i have marked 4 boxes and a yellow line, the yellow line on top is Defense of (Defense of the TRAILBLAZERS) and likely before testing he would dance the range from 101k to 104k before any breakouts, The red line is just in case for any news xD 101k point of defence! And out for another long time! Alts hold on!
//@description // All credit goes to Tony for the concept of this indicator. His Trading View link: https://www.tradingview.com/u/tony_fx_sm/ // Note: The calculation method in this indicator differs from Tony's, but the concept is derived from his work. **Explanation:** This trading system helps you avoid blind trades by providing confirmation for better entries and exits. It considers volume, past prices, price range and indiavix. **Entry/Exit Points:** - **Entry/Exit Lines:** Use the BLACK line for long trades and the RED line for short trades, based on confirmation from your trading plan. - **Stop Loss:** For long trades, set the stop loss at the RED line below. For short trades, set it at the BLACK line above. - **Take Profit:** For long trades, target the next RED line above. For short trades, target the next BLACK line below. **Timeframe:** Use a 5 timeframe for trading. **Risk Disclaimer:** This setup is for educational purposes. I'm not responsible for your gains or losses. Check the chart for more details.