Broken Wyrd
Broken Wyrd is a skilled stock and crypto trader, specializing in market analysis, risk management, and finding profitable opportunities in dynamic markets.
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Perfect for a short trade
$TRUMP
Key Observations:
Price Movement:
The asset recently hit a high of $16.24 and is now around $16.11.
There was a strong recovery from a low of $14.27.
Parabolic SAR Indicator:
The yellow dots below the candles indicate an uptrend, showing that the price is currently bullish.
The latest dot is at $15.81, which may act as short-term support.
Resistance & Support Levels:
Resistance: Around $16.24 (recent high). A breakout above this could lead to further gains.
Support: Around $15.81 (Parabolic SAR) and $15.47 (previous consolidation area).
Possible Trade Setup (Using Your Strategy)
Since you follow a breakout strategy, a potential trade idea could be:
✔ Entry: If price closes above $16.24 on a strong candle.
✔ Target: Aim for the next resistance level (could be around $17.00 or higher).
✔ Stop-loss: Below $15.81 (invalidates breakout).
#1000CHEEMS&TSTOnBinance #BNBChainMeme #BTCNextATH? #Write2Earn #Write2Earn!
Key Observations:
Price Movement:
The asset recently hit a high of $16.24 and is now around $16.11.
There was a strong recovery from a low of $14.27.
Parabolic SAR Indicator:
The yellow dots below the candles indicate an uptrend, showing that the price is currently bullish.
The latest dot is at $15.81, which may act as short-term support.
Resistance & Support Levels:
Resistance: Around $16.24 (recent high). A breakout above this could lead to further gains.
Support: Around $15.81 (Parabolic SAR) and $15.47 (previous consolidation area).
Possible Trade Setup (Using Your Strategy)
Since you follow a breakout strategy, a potential trade idea could be:
✔ Entry: If price closes above $16.24 on a strong candle.
✔ Target: Aim for the next resistance level (could be around $17.00 or higher).
✔ Stop-loss: Below $15.81 (invalidates breakout).
#1000CHEEMS&TSTOnBinance #BNBChainMeme #BTCNextATH? #Write2Earn #Write2Earn!
#RideTheKaiaWave $KAIA #bullish #BTC☀
KAIA ready for some new movement after BTC surpassed its all time high. Daily chart with stochastic undervalueded.
KAIA ready for some new movement after BTC surpassed its all time high. Daily chart with stochastic undervalueded.
All markets are waiting Jerome Powell's speech...
Today’s price drop is more psychological than economical, even tough whales are still making lots of money out of it.
When a coin, like $XRP goes up too fast, it creates fear. People start saying “it’s gonna drop”, others say “it's a scam”, investors become cautious and that’s the first drop warning.
Once this happens, new money won't come in, and without it the coin tends to collapse, early investors will now take profit, to be able to reinvest once the coin drop.
This happens because there are too many coins floating around, it makes every coin unstable, for now. This effect tend to reduce drastically once large institutions, like ETFs and banks buy billions worth of a coin, not as an investment to profit from, but as a useful asset. Like xrp is for cross border payments. These massive orders tends to stabilize the coin.
Until then, hold. Don’t trade, don’t think you can make money day trading because you can’t, and you gonna lose.
Close the app, go have fun.
When a coin, like $XRP goes up too fast, it creates fear. People start saying “it’s gonna drop”, others say “it's a scam”, investors become cautious and that’s the first drop warning.
Once this happens, new money won't come in, and without it the coin tends to collapse, early investors will now take profit, to be able to reinvest once the coin drop.
This happens because there are too many coins floating around, it makes every coin unstable, for now. This effect tend to reduce drastically once large institutions, like ETFs and banks buy billions worth of a coin, not as an investment to profit from, but as a useful asset. Like xrp is for cross border payments. These massive orders tends to stabilize the coin.
Until then, hold. Don’t trade, don’t think you can make money day trading because you can’t, and you gonna lose.
Close the app, go have fun.
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HODL
do I Hold SOL or count my losses and sell?
Behold...
The conqueror 🗣 : Soldiers stand firm and march with me to the moon uga uga 🌙
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