https://www.tradingview.com/x/5oxp1AP5/ Hi again everyone As promised, once a week I'll be bringing simple yet comprehensive guides to improve your over all trading! Here's your next MAGNIFICENT gift! I wasn't gonna do this topic but based on what I have been seeing among a bunch of traders.....this is DEFINITELY NEEDED . As always i really appreciate the support and upvote if you like the weekly posts so far and want more! Let's get right into it! 1. Understand that above all else, market structure (MS) always always always reigns supreme. Not fundamentals. Not news. Not "financial instutions" (that one cracks me up), but MARKET STRUCTURE. All of the other things mentioned above play their ROLES in market structure, but they do not MAKE market structure. P.S. Of course major red folders like FOMC, NFP, CPI, etc etc will affect it, but that does not change the facts of #1. Zoom out to gain overall perspective and bias direction, Zoom in to get the details needed within that bias to start finding confluence and begin creating that entry situation to come. 2. DO NOT, and i do repeat, DO NOT get in the habit of changing your bias mid day or multiple times a day/week, UNLESS the market calls for it. (mainly through major points in structure being broken, but there are various ways to determine this with indicators amongst other things like candlestick structure and trendlines, fibs, and other tools.) I see so many traders lose on a day they would CAKED on had they just stuck to their bias. Trusting in your bias is not only needed, but it is a super power and shows your conviction in your strategy. 3. Stop listening to randoms not just here, but on any platform, and develop YOUR OWN EDGE in the market based on your understanding..... OR..... find a extremely talented and trustworthy mentor to guide you. Regardless, good luck on your own if your ego does not allow you to learn. I trade far better than the vast majority of people and I remain in contact with my mentor so no excuses . 4. Master candlestick analysis. You know how I catch big moves in the market???? Well, its certainly not by ignoring candlestick analysis. Candlesticks will always tell you where breakouts will occur on lower timeframes, and they'll always tell you how wide the range of the market is as well as show you with the wicks which side is getting weaker, but on the higher timeframe. reread that ^. Literally gave you guys my sauce to interpreting candlesticks on top of posting this for you guys. 5. Control your emotions, king, 6. Trail your stop loss after 25-30 pips gained, everytime. especially in the beginning, since the winners won't come as often, you need to capitalize on winning trades. Any trade that ends in NET positive profit is a winner. point, blank, period. Even if it hits your trailing stop loss, study it! Even if it hits your take profit, study it! Feedback leads to growth.... always. 7. Backtest, backtest, backtest. Make the $15 USD investment and study your edge. study study study notate and improve! innovate and grow!!!! Backtesting is where you test what you know, look your L's and W's in the face and make that committment to see more W's than L's. HONESTLY, this should increase your win rate by 20% if you're already coming in with some experience. For the newer guys, you're welcome. your trading skill is about to skyrocket, if YOU decide to put that work in. I promise that god wants you to win, if you do!!! GOODLUCK Gs
Potential Growth: Realio's focus on RWAs has positioned it as a notable project in this sector, aiming to capitalize on the trend of integrating blockchain with real-world financial assets. However, projections for RIO to reach $100 within six months may be optimistic. Market conditions, adoption rates, and broader crypto trends will be critical factors
Firstly, apologies for lack of updates here of late. I've been side-tracked with real world events with limited time available to do online stuff. I have to admit I also find it rather disheartening when you post on TradingView 1/3 of comments tell you not to be a trader, another 1/3 tell you not have to have a view. Then there are a few good ones and the ChatGPT bots posting summaries of your OP. I'd like it more if we could focus on trading discussions. Call me old fashioned. Anyway ... BTC has reached the 1.61 extension of the previous big drop. This is a pivotal point in the decision as to whether this is a true breakout or not. I find most reactions from 1.61s in this type of setup will fall into one of three categories; False breakout (1.61 head fake) = Doom. 1.61 to 1.27 pullback = Bullish pattern but 25% drop first. 1.61 break = Moon. Usually see 2.61 which would be 40% rally. 2/3 of these setups give a drop of 25% or more. The 1.61 clean breakout I'd consider to be less likely in this setup since most of the time when we're going to have a clean 1.61 break we have a 1.27 pullback. Marked in purple is what I'd expect to see in a pending 1.61 break. The 1.27 hitting, there then being the classic retest of the broken high and then the run at 1.61. snapshot When this happens, my bias always skews a bit more towards the 1.61 breaking. Another thing I tend to see when a 1.61 is going to break is there's a near miss of the 1.61 before the break. snapshot My rule to remember this is; "When we're going to break a 1.61, the market does things to make it feel like it will not break. The traps and false starts. In the times we're going to hold, the market does things that make it look like it has to break (slamming right into the level with velocity). Given that I put the generic odds at 2/3 we see a drop of over 20% and I also think when we use filters the odds of the clean breakout are lowered by the factors mentioned - and since the trade pays 300 - 400% of what it risks at this level, it's a no brainer for me to try to fade here. Look for the fade around 100K. If we trade 75% be proactive in locking in profits. And if 127 break then we might see complete failure of the uptrend. This is the current plan. Valid while we're unable to break the 1.61 resistance (Quick quit if we do break, because I consider one of the known outcomes of this to be a clean 40% rally). Bias and plans re-assessed if we trade 80K. At that point we have a big pending support.
Inhibikase Therapeutics, Inc. (IKT) is a biotechnology company focused on developing treatments for neurodegenerative diseases, particularly Parkinson's disease and other related disorders. The chart pattern shows a confirmation buy bar on increased volume, suggesting that there is strong market interest in Inhibikase's stock. The stock is trading above the Fibonacci .236 support zone, which is a positive sign for potential upward movement. This area, known as the momentum zone, often acts as a launching pad for stocks that maintain their position above it. The company’s main products are drug candidates that aim to address the underlying causes of these diseases by targeting specific cellular mechanisms. Inhibikase is developing therapies designed to slow or halt the progression of Parkinson’s disease, a condition that currently has no cure. The company’s most advanced drug candidates include IkT-148009, which is being tested in clinical trials for its potential to treat Parkinson's and other diseases linked to alpha-synuclein protein buildup in the brain. The main drivers of growth for Inhibikase Therapeutics include advancements in the field of neuroscience, the growing demand for effective treatments for Parkinson's disease, and the company’s ability to progress its drug candidates through clinical trials. As the demand for innovative treatments in the neurology space increases, Inhibikase is positioned to be a key player in providing solutions for patients suffering from debilitating conditions. The Fibonacci Snap Tool and the Momentum Zones, both available on TradersPro, are the indicators used to analyze the chart. These tools are helpful in identifying key levels of support and resistance and tracking momentum shifts.
Like the weekly chart. Bought 100 @ $3.74 for initial entry. Crypto bull market I like to 3x my initial purchase price then sell 2/3 position size. See you above $12
As price moves above the 200MA on this daily timeframe it allows price to move up quickly. Comparing the last time this happened led to a 129% run, should expect a run similar or greater than that movement as it moves above the 200MA again. Bullish
IHSG forming a bottoming pattern and potentially continuing its uptrend to the 8000++ level seems quite realistic when looking at market movement patterns. Based on technical analysis, if the IHSG has successfully broken through the resistance level of 7250 in early December 2024, this indicates the possibility of further bullish movement. However, as you mentioned, before moving to higher levels, there is a possibility of a retest in the support area around 7250-7200. This retest process usually indicates whether that level can hold as a solid support. If the IHSG manages to maintain this level and does not fall below it, then the potential uptrend to the 8000++ level could be realized, with more stable gains.
Weekly chart displays: - breakout trendline , 130% rising till now - consolidation a bullish expanding triangle pattern (breakout = 10$) - breakout , retest of 0.236 fibo level chart shows a massive potential targets a head add it ti ur watchlist ... accumulate it without worry during any correction best regards Ceciliones?
in flag training for targets 0.024 , 0.045 ... 0.21
Yello, Paradisers! Are we standing on the edge of a major breakout or will #IDUSDT plunge into a deeper retracement? Let’s break down the latest analysis of #SpaceID: ?#ID has been trading within a broadening wedge pattern for months, with descending resistance and support lines shaping the structure. Recently, the price broke out above the wedge’s descending resistance—a critical technical milestone. However, for any meaningful upside, the price must conquer the $0.7495 resistance level, which currently stands as the major hurdle. ?A clean breakout above $0.7495, confirmed with a daily close, could unleash a significant bullish rally. The next targets on this trajectory would be around $1.00 and potentially higher toward the $1.30–$1.60 major resistance zone. These levels would likely draw in fresh buying momentum, propelling the price further upward. ?On the flip side, the $0.6710 level serves as immediate support. Below that, there is a strong demand zone at $0.5218–$0.3955, which has acted as a springboard for bullish recoveries in the past. As long as the price remains above this demand zone, the bullish case remains intact. A dip into this zone could provide an ideal opportunity for bulls to regain control. ?However, if #IDUSD closes a candle below $0.3955, this would invalidate the bullish structure. Such a move could signal further downside, with the price targeting lows around $0.2850 or even lower. This scenario would shake out inexperienced traders and open opportunities for short sellers. Stay focused, patient, and disciplined, Paradisers? MyCryptoParadise iFeel the success?