XMR is moving along a local upward trend and is now approaching an important level around 141. If we manage to break through this level this time, then the next targets are 143-146-148.

If you don’t have enough strength, you can short when the uptrend line is broken with a short target of 137

SUI looks good. You can try a cautious long from 0.7846, but I would wait for it to break through and consolidate above 0.8 before taking it with a target of 0.84

So, I was analyzing Solana and had the idea of ​​closing 18.1, but decided not to bury the position, but to hold it further.

Let's look at the situation with Solana. We quickly flew through several levels because there were no volumes at all!

The levels are marked with red arrows. Then the movement stopped, because there were already zones of traded volumes and they were large.

A golden cross occurs when a faster moving average crosses above a slower moving average. It sounds simple, but the key is which moving averages to use and in what direction the crossover occurs. Specifically, you need 50 and 200 period simple moving averages (50SMA and 200SMA). Crosses of moving averages with other values ​​will not be considered a golden cross.

I started to spoil Solana from the peaks, the take was at 18.1, they didn’t let me close there.

If the price goes to the short closing point, 18.1, then I open a long there.

If the price goes higher, then 19.28 will be the short closing price!

#solana

Introduction: Day trading is a popular strategy among traders who seek to profit from short-term price fluctuations. One of the powerful tools for predicting intraday support and resistance levels are Fibonacci levels. In this article we will look at which time frame to use Fibonacci effectively and how to use these levels when trading intraday.

Hi all!

Today is May 29th and there are only two days left until X day.

Remind those who don’t know that from June 1, Hong Kong will allow the purchase of crypto, which means a lot of money can pour into the market.

If you think rationally, then at this moment the market can grow quite strongly, but often markets are IRRATIONAL.

Hi all.

Today I want to talk about one trading strategy, which is a mixture of classical indicators and indicators based on artificial intelligence.

I have been immersed in resource-based trading for a long time, which uses AI in its work. And this saves a huge amount of time searching for entry points; testing strategies takes seconds, not hours or days.

I have written many times that level 19.5 is very interesting for buying Solana long

At this level, I have already taken the first part of the purchase. Second rebound at 17.5

If there is a reversal from this point, then I will close in parts of 20.5-21-21.5-22

#solana

Today we will look at the key things in risk management. You must understand that the market is a living organism, and even if you are 100% confident in a transaction, you must always keep in mind that ABSOLUTELY any transaction can result in a loss.

With the help of risk management you can limit your losses. The most difficult thing for a beginner is fixing losses, since no one wants to lose, but they still came to find those same X's. Psychologically, it is always difficult.

If you are a novice trader, then you cannot do without familiarizing yourself with the concepts of stop loss and stop limit. It's important to know that these are not the same thing. Yes, both orders are needed to automatically sell an asset if the price falls. This way you can reduce risks if quotes go down.

Since the last analysis, when we stood at $22, I recommended waiting until $20 to set up longs.

Now, as we see, there is a good zone of interest in the area of ​​19.5-20.5 with targets of 21.5-22-22.5

Whether Solana will be available at $18-19 is unknown.

I recommend entering with a ladder of 20-30-50 from levels, so your average will always be good.

Bitcoin went below 28,000 after the last forecast.

Now we see an area of ​​great interest at current levels. The first resistance is around 28,000, resistance in the form of an EMA.

Last time we almost reached it and bounced back.

26600-26700 is strong support, if it breaks through we will go to 25,200-25,700.

I noticed that not only the right tools and knowledge affect the result. It’s also what kind of person you are and how you feel about trading.

For myself, I have identified three vices that greatly interfere with achieving results.

▪️PERFECTIONISM

Perfectionism often leads to a situation where the pain of losing suppresses the satisfaction of winning.

Let's look at Solana. First, let's look at the chart, where we see an overlay of data with a TF of 4 hours and 1 day,

We have resistance around $22.5 and are pushing towards this level. When it is broken, the next target is a local uptrend with a 1-day timeframe around 23.

If we look at TF1 day, we see the following picture:

Bitcoin is beautiful! We see how many red zones of interest large players have. We have now hit one of the major resistances 29100-29300.

At the same time, on the graph you see a comparison of 4 hours and a day. During the day we have an equilateral triangle. When exiting it upward, the target is 30100-30300.

In the last analysis, I wrote that I was starting to gain Bitcoin from 28500.

As we can see from the chart, Bitcoin has entered a correction.

I used red arrows to indicate an important level in the area of ​​25,200, from where I will make the second part of my purchases. It just coincides with the 0.5 Fibonacci level. But we may not reach it because there is another interesting level in the area of ​​26,600.

Over the last 7 days, Bitcoin has been growing without any special pullbacks and looks very good with a target of 32,000 32,000.

At the same time, we haven’t even had any kind of consolidation yet.

I see two scenarios here:

Slight consolidation at current levels and further 32-34 000

A slight pullback to 28,200 - 29,000

But if you look at the clouds and Fibonacci, the correction of 0.5 is in the area of ​​strong support at 25,200, and there is a range at the cloud at 26,500.

Today I will talk about a trading strategy based on the Keltner channel. Visually, channels are similar to Bollinger Bands.

The strategy is suitable for both day trading and swing trading.

To work, we need RSI, MACD and the Keltner channels themselves.

We go to the search for indicators and type in the word “Channel” and the required indicator will pop up. We double-click on it so that TWO of these channels are on the working panel in Tradingview.