LIVENewbie Signals
@Square-Creator-513659294
Just a poor newbie analysing charts in his spare time. Hoping to build enough capital to get into proper trading eventually.
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Signal
$ETH Short
Eth has always retraced after reaching a new high and touching the upper trend line. The pattern is most likely going to repeat itself again over the next few days after this new high.
A safe tp level will be around 2906 or whenever it touches the lower trendline as it enters accumulation to attempt for a new high again. Based on it's past behavior, there's a good chance it'll retrace all the way to around 2720 before turning bullish and reaching a new high.
As usual, DYOR and enter at your own risk.
$ETH Short
Eth has always retraced after reaching a new high and touching the upper trend line. The pattern is most likely going to repeat itself again over the next few days after this new high.
A safe tp level will be around 2906 or whenever it touches the lower trendline as it enters accumulation to attempt for a new high again. Based on it's past behavior, there's a good chance it'll retrace all the way to around 2720 before turning bullish and reaching a new high.
As usual, DYOR and enter at your own risk.
$BTC Double Top Formation Update!
The double top has been confirmed by the daily candle close. Now we just have to wait for the price to fall below the neckline at $50625 for a full confirmation of the double top reversal pattern.
Once it broke through the neckline at $50625, it'll probably go all the way down to test the support at around $48600 and fall gradually over several days.
DYOR and good luck everyone.
#Write2Earn
The double top has been confirmed by the daily candle close. Now we just have to wait for the price to fall below the neckline at $50625 for a full confirmation of the double top reversal pattern.
Once it broke through the neckline at $50625, it'll probably go all the way down to test the support at around $48600 and fall gradually over several days.
DYOR and good luck everyone.
#Write2Earn
Alert!
Btc double top formation!
Is the final deep correction before halving about to begin? If the daily candle close confirms this, expect price to fall from this point onward past the previous support.
How far it'll fall is unknown. 20% is probably the minimum expected drop with lots of voices suggesting a 40% fall.
In any case, dyor and be careful while entering trades everyone.
$BTC
#Write2Earn
Btc double top formation!
Is the final deep correction before halving about to begin? If the daily candle close confirms this, expect price to fall from this point onward past the previous support.
How far it'll fall is unknown. 20% is probably the minimum expected drop with lots of voices suggesting a 40% fall.
In any case, dyor and be careful while entering trades everyone.
$BTC
#Write2Earn
Observation
$BTC broke through 43200 support earlier in the day and failed to break through the support at 42000. Now it just keep testing and retesting the resistance at 43200.
The movement is remarkably consistent so there's an opportunity for small but consistent profits for those who dare to trade using high leverage with isolated margins.
Nobody knows whether it'll suddenly rise or crash so don't risk more than what you can afford to lose here. Preferably not more than 10% of your account. Watch the charts carefully and DYOR before entering any trades.
$BTC broke through 43200 support earlier in the day and failed to break through the support at 42000. Now it just keep testing and retesting the resistance at 43200.
The movement is remarkably consistent so there's an opportunity for small but consistent profits for those who dare to trade using high leverage with isolated margins.
Nobody knows whether it'll suddenly rise or crash so don't risk more than what you can afford to lose here. Preferably not more than 10% of your account. Watch the charts carefully and DYOR before entering any trades.
$BTC Latest Update!
So bitcoin just broke through the major trend line and tested minor support at 43200.
Looks like it'll retrace for a bit and quite possibly fall further to test the next support at 42000 over the next few hours.
Best thing we can do now is just watch and wait for things to settle down. It too easy to suffer massive losses from jumping into trades recklessly.
So bitcoin just broke through the major trend line and tested minor support at 43200.
Looks like it'll retrace for a bit and quite possibly fall further to test the next support at 42000 over the next few hours.
Best thing we can do now is just watch and wait for things to settle down. It too easy to suffer massive losses from jumping into trades recklessly.
Observation
It's finally happening. $BTC is about to test the major trend line at 44000. If it broke through, we'll be heading into a period of deep correction.
The market has been pulling money out of most coins since earlier today. Those holding long positions might want to consider closing them and wait for things to settle and buy the dip.
It's finally happening. $BTC is about to test the major trend line at 44000. If it broke through, we'll be heading into a period of deep correction.
The market has been pulling money out of most coins since earlier today. Those holding long positions might want to consider closing them and wait for things to settle and buy the dip.
Observation
$BTC reached a new high but fell precipitously after testing the mini trend line. I didn't expect the line to still be valid but apparently it still works, for now.
Is it finally going to test the major trend line at around 44000 and attempt breakthrough? Is the historical 25% drawdown of BTC during pre-halving period about to repeat itself?
Nobody can tell for sure but it's always wise to set SL below major trend line and limit the potential losses for those using leverage.
Stay calm and keep a close eye on the movements. Don't be afraid to take a small loss in order to avoid a bigger one.
$BTC reached a new high but fell precipitously after testing the mini trend line. I didn't expect the line to still be valid but apparently it still works, for now.
Is it finally going to test the major trend line at around 44000 and attempt breakthrough? Is the historical 25% drawdown of BTC during pre-halving period about to repeat itself?
Nobody can tell for sure but it's always wise to set SL below major trend line and limit the potential losses for those using leverage.
Stay calm and keep a close eye on the movements. Don't be afraid to take a small loss in order to avoid a bigger one.
Signal Success!
$ADA finally reached quick tp level. Those who wish to hold on longer for more profits should set moving SL and watch it over the next few days.
Let me know who managed to make some money from this by leaving me a tip. 😋
$ADA finally reached quick tp level. Those who wish to hold on longer for more profits should set moving SL and watch it over the next few days.
Let me know who managed to make some money from this by leaving me a tip. 😋
LIVENewbie Signals
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Signal
ADA USDT
Long
Entry 0.49 - 0.51
Quick safe TP 0.53
Use moving SL if holding for bigger profits.
After a failed breakthrough earlier, ADA is about to retest the trend line over the next few hours for a bullish reversal.
Make sure you watch out for news on bitcoin ETF approval before entering and keep an eye on your trade. Don't enter if you're worried about the upcoming news.
$BTC $ADA
ADA USDT
Long
Entry 0.49 - 0.51
Quick safe TP 0.53
Use moving SL if holding for bigger profits.
After a failed breakthrough earlier, ADA is about to retest the trend line over the next few hours for a bullish reversal.
Make sure you watch out for news on bitcoin ETF approval before entering and keep an eye on your trade. Don't enter if you're worried about the upcoming news.
$BTC $ADA
Breaking News!
Spot $BTC etf has been approved. Possible long candle down to test the trend line at 43700 over the next few hours and attempt breakthrough? Those trading with margins might want to close positions to avoid risk of liquidation from high volatility.
Better stay out of trading and wait for things to settle down for now. Failed breakthrough would mean a long candle up so future players might want to take a risk with isolated margin.
As usual, DYOR before entering any trades.
Spot $BTC etf has been approved. Possible long candle down to test the trend line at 43700 over the next few hours and attempt breakthrough? Those trading with margins might want to close positions to avoid risk of liquidation from high volatility.
Better stay out of trading and wait for things to settle down for now. Failed breakthrough would mean a long candle up so future players might want to take a risk with isolated margin.
As usual, DYOR before entering any trades.
Observation
$XRP chart movements over long periods look remarkably consistent. The continuous sideway movement seems like a good way to make easy 3% profits every 12 to 18 hours. Enter at around 0.5540, tp at around 0.5700, then rinse and repeat with slightly lowered entry and tp as the trend line gets lower.
Those playing futures can even long at the bottom and quickly short the top for double the profits. If anyone know how to program trading bots then it could even be a set and forget easy money. 🤔
All you need to do is watch out for the trend line convergence where a sudden breakthrough might happen.
$XRP chart movements over long periods look remarkably consistent. The continuous sideway movement seems like a good way to make easy 3% profits every 12 to 18 hours. Enter at around 0.5540, tp at around 0.5700, then rinse and repeat with slightly lowered entry and tp as the trend line gets lower.
Those playing futures can even long at the bottom and quickly short the top for double the profits. If anyone know how to program trading bots then it could even be a set and forget easy money. 🤔
All you need to do is watch out for the trend line convergence where a sudden breakthrough might happen.
Alert!
$BTC broke through mini trend line. Wait for it to retest resistance and/or bounce at major trend line at ~43700 over the next few hours before considering long entry.
It's possible that BTC could crash further so DYOR.
$BTC broke through mini trend line. Wait for it to retest resistance and/or bounce at major trend line at ~43700 over the next few hours before considering long entry.
It's possible that BTC could crash further so DYOR.
Signal
ADA USDT
Long
Entry 0.49 - 0.51
Quick safe TP 0.53
Use moving SL if holding for bigger profits.
After a failed breakthrough earlier, ADA is about to retest the trend line over the next few hours for a bullish reversal.
Make sure you watch out for news on bitcoin ETF approval before entering and keep an eye on your trade. Don't enter if you're worried about the upcoming news.
$BTC $ADA
ADA USDT
Long
Entry 0.49 - 0.51
Quick safe TP 0.53
Use moving SL if holding for bigger profits.
After a failed breakthrough earlier, ADA is about to retest the trend line over the next few hours for a bullish reversal.
Make sure you watch out for news on bitcoin ETF approval before entering and keep an eye on your trade. Don't enter if you're worried about the upcoming news.
$BTC $ADA
First post here!
I'll just post some rules and personal trading philosophy as a constant reminder to myself.
- Don't be greedy! Greed is a killer in trading. The moment you feel greedy, the moment FOMO hits and you feel like you can join the profit train... STOP! Take a deep breath and calm yourself. It's usually too late already and about time for retracement/reversals when FOMO hits you. It's better to reassess the charts and find new entry points instead.
- Forget all the hype! You're here to make money, not get distracted by the latest shiny new things.
- Play it safe! Leveraged trading might allow for big returns but it can also wipe your account instantly! Spot trade is slow and boring but getting 1% or 2% profit daily is a very realistic amount. Starting with $100, 1% daily will make you a millionaire within 3 years. 2% daily will mean millionaire within 1.5 years. Do the math yourself if you don't believe me.
- Cut losers early and let the winners run! If the trade goes against your prediction, 90% of the time it won't come back up until days or weeks later. Better cut it early and re-enter a new setup to quickly regain losses and make profits.
$BTC $ADA $ETH
I'll just post some rules and personal trading philosophy as a constant reminder to myself.
- Don't be greedy! Greed is a killer in trading. The moment you feel greedy, the moment FOMO hits and you feel like you can join the profit train... STOP! Take a deep breath and calm yourself. It's usually too late already and about time for retracement/reversals when FOMO hits you. It's better to reassess the charts and find new entry points instead.
- Forget all the hype! You're here to make money, not get distracted by the latest shiny new things.
- Play it safe! Leveraged trading might allow for big returns but it can also wipe your account instantly! Spot trade is slow and boring but getting 1% or 2% profit daily is a very realistic amount. Starting with $100, 1% daily will make you a millionaire within 3 years. 2% daily will mean millionaire within 1.5 years. Do the math yourself if you don't believe me.
- Cut losers early and let the winners run! If the trade goes against your prediction, 90% of the time it won't come back up until days or weeks later. Better cut it early and re-enter a new setup to quickly regain losses and make profits.
$BTC $ADA $ETH