8 Years Trading Experience
Stocks | Crypto | Commodities
Real analysis. Smart risk management. No hype.
Building Traders, Not Followers.
(x)- @cryptocove4
$XAU or gold is preparing for massive bullish move
As you can see in my added photo $XAU was following a downtrend in 1h timeframe now I can see XAU breaks that resistance so that we can say downtrend is over.... We must need to focus on some key level... If XAU holds 4375 level XAU can touch 4500 level easily.... So that I can see a good reward ratio that's why I will open a long with proper risk and money management
$TRUMP is following a downtrend on the 1D timeframe.
If $TRUMP breaks the $2.14 support level, my next short target is the $1.56–$1.85 range. Right now, $TRUMP is holding an important support, so I don’t think this is a good zone to open a short. The market has already respected this zone more than 2 times, so we can see a bounce from here. But the overall trend is still bearish. If TRUMP breaks back above the $2.30 zone and holds it, then the situation can change. Technically, TRUMP could start another strong upward move from there. For now, I’m watching how price reacts around these levels before taking any position.
Technically $ENA can dump more than 13% in the spot market, so stay alert.
$ENA was following a trend, but now it’s trading below that trend. Technically, it can go further downside from here.
You can see I marked 3 important support levels on the chart. If $ENA holds the current zone, it can trap short traders and hit some short SLs, while many long traders are already out. So this is an open zone right now.
If the market breaks the first support, I’ll watch the next support. It may respect that level, but if selling pressure continues, we can see another dump.
The 3rd support is very important. By that zone, short traders may already be out, and it can become a strong buyers’ interest zone where sellers start exiting. So $ENA can bounce from there.
Current price: $0.1568
Short target: $0.1468 – $0.1400
I’m not saying it will dump straight down. Watch the support reactions and selling pressure before taking any trade.
Hype created massive imbalance so that's a magnet zone market can touch that level before another bigger move.... so I think HYPE will take time but it will follow a downtrend....
In a shorter timeframe Hype can touch 78$ level more than 8% dump....
If you wanna follow this short term trade follow my trade setup....
$ZEC exactly smashed the TP levels from my last 3 signals. After my long post, ZEC pumped smoothly around 14% — that’s a massive move.
Yeah, ZEC can still pump toward the $2,500 level, but on a shorter timeframe, it can definitely see another dump. My last TP was around $1,300.
I’m not going to open a short here. I’ll just wait and watch for another long zone.
ZEC is following a strong uptrend, so taking a short right now is risky. I’d rather wait and open a long from a proper buying zone. If ZEC dumps, I’m watching the $1,195 area for a possible long. I’ll update the SL and TP when I open the position.But I’m mainly waiting for a healthy correction. If the correction shows massive selling pressure, I’ll avoid the long setup.For example, if I see 3 massive red candles on the 15M timeframe, or even one extremely strong red candle, I’ll avoid entering long.
So for now, I’ll just wait. I’ll update about ZEC when it reaches my perfect long zone.
CryptoCove
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$ZEC breaks it's downtrend resistance in a shorter timeframe Massive move is loading
$INTW stock is facing long term downtrend resistance after a massive pump so that I am expecting a downtrend movement from current market price
In a 30m timeframe $INTW is following a downtrend from long term resistance zone so that we can say technically in a short term perspective we will see a huge downtrend movement that's why I have opened a short with tight SL
$VVV pumped a lot but market cap looks overbought.... Anytime this coin can crash... if you are holding this coin in spot sell all otherwise you will lose more than 90% of your asset...