Link/usdt H1 Chart Trading Strategy with Good Win Rate
$LINK
Scenario 1: Buy When Price Retraces to Support
• Buy: At the strong support zone 28.10 - 28.20 USDT (most recent low).
• Take Profit: Short-term resistance zone 29.50 - 30.00 USDT.
• Stop Loss: Below the zone of 27.80 USDT.
• Risk/Reward: R:R ratio ~ 1:2, ensuring good capital management.

Scenario 2: Buy When Breakout Resistance
• Buy: When the price breaks above 29.50 USDT with strong trading volume.
• Take Profit: Next resistance zone 30.50 - 31.00 USDT.
• Stop Loss: Back below the zone of 29.00 USDT.
• Note: Need to monitor the breakout volume to avoid a bull trap.

Preparing to end the weekly candle. The BTC price is already too high with technical indicators, and to go higher, a slight adjustment is needed before the ATH continues. Therefore, I am closing all positions to wait for a short-term adjustment.
My investment motto:
"Better to swallow saliva than to swallow tears"

Gradually buy back at 28, 27, 26. Spread it out. It will definitely come back.

I also bought at 16 and I sold everything at 29.5 now waiting to buy back

$LINK encounters a psychological barrier at 30u and has not been able to break through. Needs slight adjustment after having surged more than 20% in price.
As for the target, it still remains >100u

This is the altcoin market capitalization on Christmas Day 12/25/2023, which is stable and has decreased for a period of time. This post is to remind everyone to be mindful of the altcoin market at the end of the year. Don't let yourself be defeated at the gates of paradise!!
#altsesaon

$LINK is actually under $30 still a good investment price. Target >$100

If you choose the wrong civilization, you'll be in trouble. Stay alert, everyone.

The opportunity to purchase item $LINK has ended. Now is the time for the train to run smoothly.

Trading Strategy $LINK
Short-term Buy (scalp): If the price stays above the support zone of 23.75 USDT, it can be expected to bounce back to the range of 25.33-27.14 USDT.
Wait for confirmation signals: Wait for RSI, MACD, or Stochastic RSI to cross upwards to confirm the bullish trend.

♻️Short-term forecast
🚀If the buying pressure remains strong, LINK may test the 25-26 USDT range in the next 1-2 days.
🙏Conversely, if it breaks below 23.75 USDT, the price may continue to drop to 22 USDT, which is a stronger support.
However, the overall conclusion is that the long-term trend remains Bullish.

8/12 trading strategies for XRP on daily & weekly charts.

1. XRP Trading Strategy: ✅

2. Medium-term Trading Strategy (Swing Trading)
• Suitable time frame: D1 (1 day)
• Main trend: XRP is trading in a stable uptrend.

Trading scenario:
• Buy:
• Entry point: If the price breaks resistance at 2.62 USDT, confirmed by strong volume.
• Stop-loss: 2.50 USDT.
• Take-profit: 3.00 USDT (next resistance in the medium term).
• Wait to buy at support:
• If the price adjusts, you can wait to buy at 2.30 - 2.40 USDT (strong support in the medium term).
• Stop-loss: 2.20 USDT.
• Take-profit: 2.62 - 2.70 USDT.

3. Long-term Trading Strategy (Position Trading)
• Suitable time frame: W1 (1 week)
• Main trend: XRP has the potential to break major resistance levels if the crypto market recovers strongly.

Trading scenario:
• Buy:
• Entry point: Accumulation phase around 2.40 USDT or when the price breaks 2.70 USDT (confirming long-term uptrend).
• Stop-loss: 2.10 USDT (breakout zone of the uptrend).
• Take-profit: 3.50 - 4.00 USDT (historical resistance).

4. Risk management notes
• Trading volume: Use 1-3% of capital for each trade to minimize risk.
• Monitor indicators: RSI, MACD, Bollinger Bands to confirm entry/exit points.
• Market news: XRP is often sensitive to legal news related to Ripple and global crypto regulations.

1. 7/12: Analysis reference LINK/USDT daily chart (D1):

2. Technical indicators

• MA (Moving Averages):
• MA7 and MA25 maintain a strong upward slope, indicating that the short-term uptrend is still dominant.
• MA99 is at 13.09 USD, quite far from the current price, reflecting a positive long-term trend.
• RSI (Relative Strength Index):
• RSI(6), RSI(12), and RSI(24) are in the ranges of 69.61 - 71.53 - 70.18, close to the overbought level (70). This is a warning sign that the price may slightly adjust before continuing to rise.
• Stochastic RSI:
• A slight bearish divergence is indicated as Stoch RSI decreases from a high level (around 50), showing increased selling pressure.
• MACD:
• The DIF line (2.91) is above the DEA line (2.33), indicating upward momentum. However, the histogram is gradually decreasing, which may signal a slowdown.
• Bollinger Bands:
• The price is currently near the upper band of the Bollinger Bands, indicating that selling pressure may arise as the price approaches the resistance level.
• Trading volume:
• Trading volume has surged in recent days, reinforcing the uptrend. However, the volume is gradually decreasing in the current session, indicating investor caution.

3. Support and resistance

• Support:
• Strong support zone: 23.75 USD (MA7).
• Next support: 21.57 USD.
• Resistance:
• Nearby resistance: 26.90 USD (nearest peak).
• Strong resistance: 27.75 USD.

4. Strategic assessment

• Main trend: Upward, but short-term adjustments should be noted.
• Trading strategy:
• Wait to buy at the support zone of 23.75 USD, set a stop loss below 21.50 USD.
• If the price breaks the resistance of 26.90 USD, a subsequent buying position may be opened, targeting 30 USD.

I bought from 9$ but haven't sold it yet

5/12. When BTC is 100k. Technical analysis of BTC/USDT weekly chart (W):
1. Bollinger Bands (BB):
• Indicator: Current price (102,644) is close to or exceeding the upper band of Bollinger Bands (UP: 99,360), indicating that the price is in the overbought area or experiencing a strong uptrend.
• Conclusion: The uptrend continues, but attention is needed for the possibility of a correction when the price is too far from the middle band (MB: 70,386).
2. RSI Indicator (Relative Strength Index):
• RSI (6): 90.15, RSI (12): 80.16, RSI (24): 72.84
• The RSI value above 70 in all three timeframes indicates that the market is in an overbought state. However, this also confirms very strong bullish momentum.
• Conclusion: Caution is advised as the possibility of a correction may occur when the RSI remains above the overbought level for a long time.
3. Volume:
• Trading volume has increased significantly this week, surpassing the average of previous weeks. This indicates that large funds are flowing into the market, supporting the uptrend.
4. On-Balance Volume (OBV):
• OBV maintains an upward trend, in sync with the price trend, indicating that money flow supports the current trend.

Overall Conclusion:

• BTC/USDT weekly chart is in a strong uptrend with technical indicators like MACD, RSI, Bollinger Bands, and Volume all signaling positively.
• However, the fact that the RSI and Stochastic RSI remain in the overbought area, along with the price exceeding the upper band of Bollinger Bands, warns of the potential for a short-term correction.

Trading Strategy:
• If holding a Long position: You may continue to hold, but should consider gradually taking profits at strong resistance areas (105,000 - 110,000 USDT).
• If looking to open a new position: Limit opening Long positions at this time, wait for a correction to support areas (90k - 95k).

Warning:
When BTC surpasses 100k, it is a very good signal for the crypto market. However, I really advise everyone that while making profits, also cash out to VND for living expenses. Don't be too unrealistic. The map shows monthly candles, and the market makers can make us face harsh realities at any time.
Don't let your profits be small while your losses are large, and in the end, you don't get to spend any money, which can be very painful. $BTC

$LINK brings me joy 💐
Up to 35-50$ moon 🚀

Let's analyze the D1 BTC/USDT timeframe to come up with a trading plan

✅Technical indicators:

Bollinger Bands (BB):

• Price has bounced down from the upper band of BB and is adjusting.
• The middle band of BB (MB): 89,642.12 USD, acts as support. If the price breaks this level, selling pressure will increase.

RSI (Relative Strength Index):

• RSI(6, 12, 24) fluctuates around 55.87 to 68.07:
• RSI has decreased from the overbought zone (>70), signaling increasing selling pressure.
• If RSI falls below 50, the likelihood of price continuing to adjust is high.

Stochastic RSI:

• Near the oversold zone (17.61), a short-term bounce may occur.

⭕️Relationship between indicators:

• Short-term downtrend (price adjustment) due to selling pressure from the resistance zone.
• Main support: The 89,000 - 90,000 USD zone; if broken, the chance of BTC continuing to drop to 84,000 USD increases.

♻️Trading strategy:

Case 1: BTC holds the support zone (89,000 - 90,000 USD):

• Confirming this support zone may allow for buying with a short-term target of 95,000 - 98,000 USD.
• Stop loss below the 88,500 USD zone.

Case 2: BTC breaks support:

• The downtrend will be stronger, prioritize exiting if you are holding a long position.
• Avoid catching the bottom, wait for new signals from RSI or Stochastic.

Case 3: BTC strongly bounces back:

• If the price exceeds 98,000 USD, the mid-term uptrend will continue, buying orders can be placed when the price retests.

Conclusion:

BTC is currently in a short-term adjustment phase. Observe important support/resistance zones (89,000 - 98,000 USD). Only enter trades when technical signals clearly support the trend.

Short-term analysis together $BTC on H1 frame (1 hour) to propose a trading plan.

1. Market Overview

• Current price: 97,458 USD (-1.32%), decreasing compared to the highest price in 24h is 98,800 USD.
• Trading volume: 28,479 BTC in 24 hours, indicating a stable liquidity level but showing signs of a slight decrease.
• Lowest price in 24 hours: 96,403 USD, indicating a nearby support zone.

2. Technical Analysis

Bollinger Bands (BOLL):

• Price is approaching the middle band, close to 97,877 USD, indicating a sideways market.
• The width of the Bollinger Bands is not too wide, reflecting a decrease in momentum in the short term.

MACD Indicator:

• The histogram shifted to the negative zone (-88.51), indicating that the downward momentum still prevails.
• The MACD line and Signal line are diverging, indicating a short-term downtrend.

RSI Indicator (14):

• RSI 14 is at 45.66, not in the oversold or overbought zone. However, it is heading downwards, signaling stronger selling pressure than buying.

OBV (On-Balance Volume):

• OBV decreased slightly, confirming that money is flowing out of the market.

Stochastic RSI:

• Stoch RSI is at a low of 16.06, giving an oversold signal. This could be a price recovery zone in the short term.

W%R (Williams %R):

• At -50.50, the market is in a neutral zone but trending downwards.

3. Short-term Trading Strategy

1. Potential buying zone:
• If the price drops to 96,400 USD (the nearest support zone) and RSI/Stoch RSI gives a recovery signal.
• Place a stop-loss order below 95,800 USD to preserve capital.
2. Take profit:
• Nearby resistance level: 98,800 USD.
• If this resistance is broken, the price could head towards 99,500 USD.
3. Risks to be aware of:
• If the support zone of 96,400 USD is broken, the price could adjust deeply towards the 92,500 USD zone.

#Write&Earn

Gaming is soaring very fiercely. Anyone holding Floki should keep a strong mindset, don't jump in and out only to regret it $FLOKI Soon it will be your turn