LIVEEllon mask
@Ellonmask
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HALVING Price prediction of BTC
We always reminding you that #DontMiss_Ellon_Mask so again dont miss this articel as well, it will be change your whole life. This is very crucial article for you guys. you always loss money in that period, because you have no idea about what next from the market.
Here we are providing you full market drive of this pre halving period and next. So you guys read this very carefully and prepare your full trading plan for this halving.
You all know we have only 34 days ahead for halving. We expecting that down trend to be continue to 60k to 62k level for next 3 to 5 days..
So we can start our short position for btc from today.
And then btc market will be start retesting period around next 7 to 6 days between 65k -70k level .
After that all happened we have only 23days left to the halving.
Then btc market will start hard pump continue for 18 to 19 days for reach all-time high level of btc market which around 103,750$ .
After we expecting another huge drop to 82222$ level before halving date.
After that all happening btc bull market start. Within a next 6 month after halving we expecting 200k+ huge market bull.
Here we give you our halving plane and now you guys can arrange your plan for this halving period..
More market update will be soon .. stay tuned with us.
⚠️And don't froget to leave us a 1$ tip, if this article useful for you..⚠️
#ellonmask
Here we are providing you full market drive of this pre halving period and next. So you guys read this very carefully and prepare your full trading plan for this halving.
You all know we have only 34 days ahead for halving. We expecting that down trend to be continue to 60k to 62k level for next 3 to 5 days..
So we can start our short position for btc from today.
And then btc market will be start retesting period around next 7 to 6 days between 65k -70k level .
After that all happened we have only 23days left to the halving.
Then btc market will start hard pump continue for 18 to 19 days for reach all-time high level of btc market which around 103,750$ .
After we expecting another huge drop to 82222$ level before halving date.
After that all happening btc bull market start. Within a next 6 month after halving we expecting 200k+ huge market bull.
Here we give you our halving plane and now you guys can arrange your plan for this halving period..
More market update will be soon .. stay tuned with us.
⚠️And don't froget to leave us a 1$ tip, if this article useful for you..⚠️
#ellonmask
PINNED
🚨Before trading.🚨
As many members joined our profile and talked to us, we realized that a brand new members for trading has joined us.
So in the trading field, we have a little more experience than you, I mean a little 😊
So we thought to share our experience about this crypto trading with you.
First of all, there are some very important points in trading.
1️⃣. Never rush into treding, thinking that you will get rid of all the problems you have and find big money quickly.
⏩ While doing this, you are just playing a game, throwing your money away and don't trade. First of all, you can earn a lot of profit by respecting this platform.
2️⃣. Trading is not an investment without risk.
⏩ There is 100% risk if you don't give proper respect to each other and do it willingly. The first thing I said is that if you are trading, do it like you do a professional job, if you do risk management properly, you can trade without any risk. )
I will say one more thing to this when you are trading, do future trading with 10%-20% of the amount in your hand and spot the remaining amount. Because spot trading is very safe, even if we have a future loss, we can recover it from the spot. 👍
There are many more things to talk about, let's talk about them slowly. (We have enough time ☺ )⏩⏩ There is another thing, the crypto market is experiencing a lot of unexpected movement these days, that's why when we give a signal, put limit orders and close them as soon as the profit target is touched. 🛑👍💰
We also talk a lot about how to do technical analysis going forward. Our people send signals in the binance feed too, stay in touch with us. 😊🛑🛑👍
Comment if you have any questions. See you soon. best of luck🌠🌠🌠🌠
As many members joined our profile and talked to us, we realized that a brand new members for trading has joined us.
So in the trading field, we have a little more experience than you, I mean a little 😊
So we thought to share our experience about this crypto trading with you.
First of all, there are some very important points in trading.
1️⃣. Never rush into treding, thinking that you will get rid of all the problems you have and find big money quickly.
⏩ While doing this, you are just playing a game, throwing your money away and don't trade. First of all, you can earn a lot of profit by respecting this platform.
2️⃣. Trading is not an investment without risk.
⏩ There is 100% risk if you don't give proper respect to each other and do it willingly. The first thing I said is that if you are trading, do it like you do a professional job, if you do risk management properly, you can trade without any risk. )
I will say one more thing to this when you are trading, do future trading with 10%-20% of the amount in your hand and spot the remaining amount. Because spot trading is very safe, even if we have a future loss, we can recover it from the spot. 👍
There are many more things to talk about, let's talk about them slowly. (We have enough time ☺ )⏩⏩ There is another thing, the crypto market is experiencing a lot of unexpected movement these days, that's why when we give a signal, put limit orders and close them as soon as the profit target is touched. 🛑👍💰
We also talk a lot about how to do technical analysis going forward. Our people send signals in the binance feed too, stay in touch with us. 😊🛑🛑👍
Comment if you have any questions. See you soon. best of luck🌠🌠🌠🌠
Are you a copy trading leader ⁉️ 🆘️
#DontMiss_Ellon_Mask
So this valuable announcement is for you. copy trading is not only about trading 80% of trading and 20% is you personality.
so we are here to help you build up your personalty so strongly.
we create your profile picture as very rare and personalised 3d animated NFT artwork.
in our new NFT project, our management decided to create personalised NFT artworks to binance communitie members. so this case help us to grow up popularity of our creativeanimated artworks and which means our NFT will be most trending artworks in the market, and day by day its happening successfully.
we think you guys can got it that your profile picture is not only your profile image, it is you future investment. our most popular NFT artwork worth around 1000$ at the moment, how great that sound isn't it?
so guys go and see how creative our graphic designers artworks and join with us. we create you very creative 3d animated NFT artwork for your profile picture, and it will make you very professional copy trading profile. we only introduce this NFT artworks for just 10$.
so if you wanna create your personalised 3d animated NFT artwork as you wish from us. just leave us a comment as a "yes", then we can look forward and we start to create your NFT artwork according to order of comment.
how does it works? just after your comment we will contact you through binance comment section and get idea about your requirements and then we will create your NFT withing a day as you wish. then we listing your NFT in our binance NFT market store, and let you know, then you can make it yours from our binance NFT store. that's all
we are waiting to work with you together.. just leave us a comment.
Click here to visit our Binance NFT market store
#ellonmask #PEPE
#DontMiss_Ellon_Mask
So this valuable announcement is for you. copy trading is not only about trading 80% of trading and 20% is you personality.
so we are here to help you build up your personalty so strongly.
we create your profile picture as very rare and personalised 3d animated NFT artwork.
in our new NFT project, our management decided to create personalised NFT artworks to binance communitie members. so this case help us to grow up popularity of our creativeanimated artworks and which means our NFT will be most trending artworks in the market, and day by day its happening successfully.
we think you guys can got it that your profile picture is not only your profile image, it is you future investment. our most popular NFT artwork worth around 1000$ at the moment, how great that sound isn't it?
so guys go and see how creative our graphic designers artworks and join with us. we create you very creative 3d animated NFT artwork for your profile picture, and it will make you very professional copy trading profile. we only introduce this NFT artworks for just 10$.
so if you wanna create your personalised 3d animated NFT artwork as you wish from us. just leave us a comment as a "yes", then we can look forward and we start to create your NFT artwork according to order of comment.
how does it works? just after your comment we will contact you through binance comment section and get idea about your requirements and then we will create your NFT withing a day as you wish. then we listing your NFT in our binance NFT market store, and let you know, then you can make it yours from our binance NFT store. that's all
we are waiting to work with you together.. just leave us a comment.
Click here to visit our Binance NFT market store
#ellonmask #PEPE
$ORDI $BTC Live market update.🆘️📈📉
#DontMiss_Ellon_Mask
market showing huge bearish sing right?
no buddy this market rejection from 72.9k level is we expected. and we told you that drop continuing to 69.5k level, in our last market update.
so guys now btc is trading around 69.8k level and our point of you is this market bounced back to 72k level from around 65.5k level. so this will happen withing a next few hours, because btc market strongly hold that level and it is good sing about next market pump.
and also our market analyse say that $ORDI market will pump so hardly to above 70$ level in this btc uptrend round. so ordi will give you more profit that other pairs. so don't miss ordi in this session.
see you soon with next market update.
#ellonmask
#DontMiss_Ellon_Mask
market showing huge bearish sing right?
no buddy this market rejection from 72.9k level is we expected. and we told you that drop continuing to 69.5k level, in our last market update.
so guys now btc is trading around 69.8k level and our point of you is this market bounced back to 72k level from around 65.5k level. so this will happen withing a next few hours, because btc market strongly hold that level and it is good sing about next market pump.
and also our market analyse say that $ORDI market will pump so hardly to above 70$ level in this btc uptrend round. so ordi will give you more profit that other pairs. so don't miss ordi in this session.
see you soon with next market update.
#ellonmask
LIVEEllon mask
--
BTC price alert 🆘️📉📊📈
#DontMiss_Ellon_Mask
Guys , we told you about this happen since yesterday. I think you all have comfortable profit started in your wallet.
now btc bull's come back very strongly from last few hours. btc breakout that resistant level around 67.4k level very strongly and now trading about 69.6k level, whichmeans btc market will easily climb up to 73k level soon.
this 73k level also very crucial in btc after halving pump. we are expecting kind of drop from there it is around 2k worth maybe.
however we will talk about it later.
see you guys soon with next market update..
#ellonmask
#DontMiss_Ellon_Mask
Guys , we told you about this happen since yesterday. I think you all have comfortable profit started in your wallet.
now btc bull's come back very strongly from last few hours. btc breakout that resistant level around 67.4k level very strongly and now trading about 69.6k level, whichmeans btc market will easily climb up to 73k level soon.
this 73k level also very crucial in btc after halving pump. we are expecting kind of drop from there it is around 2k worth maybe.
however we will talk about it later.
see you guys soon with next market update..
#ellonmask
THIS IS LATEST NFT market update..🆘️📈
Nun fungible tokens are creating new era of crypto trading and its give you 1000%+ profit by low cost, thats why nft market step up day by day.
so guys in our legendary collection we created legend of elon creative animated artwork after Michael Jackson's most popular nft.
1st copy of legend elon's nft valued 1000$ worth and 2nd copy of it just value 50$. so guys the important thing is if you buy that 2nd copy around 50$ level, you will be able to sell it around 400$ to 1000$ level after sold out 1st copy.
this is our best project we known as "Future of the mankind'" so hopefully that 1st copy may be buy my master elon actually.
confidently we say that because discussion already going on at the moment.
so don't miss that opportunity we have only one copy of that 2nd one. so guys go through below link and make it yours. it will give you more profit.
that token already in auction period so go and give your offer on it, then our nft team review it and sell that valuable nft for best price.
Click here to buy this NFT
Nun fungible tokens are creating new era of crypto trading and its give you 1000%+ profit by low cost, thats why nft market step up day by day.
so guys in our legendary collection we created legend of elon creative animated artwork after Michael Jackson's most popular nft.
1st copy of legend elon's nft valued 1000$ worth and 2nd copy of it just value 50$. so guys the important thing is if you buy that 2nd copy around 50$ level, you will be able to sell it around 400$ to 1000$ level after sold out 1st copy.
this is our best project we known as "Future of the mankind'" so hopefully that 1st copy may be buy my master elon actually.
confidently we say that because discussion already going on at the moment.
so don't miss that opportunity we have only one copy of that 2nd one. so guys go through below link and make it yours. it will give you more profit.
that token already in auction period so go and give your offer on it, then our nft team review it and sell that valuable nft for best price.
Click here to buy this NFT
LIVEEllon mask
--
Last call of sell off🆘️🚨
respect you sir..🙏
Heavy go, fellows here we are going to tell you about very rare opportunity. we all are know Michael Jackson is a ever emmortal true legend of the history.
he is a singer , dancer, song writer, which means "King of pop". he is regarded as one of the most significant cultural figures of the 20th century.
so we created 10 creative , 3d , animated NFT artworks for respect to " Michael Jackson " and 9 of them successfully sold out and one is left.
so guys don't miss this opportunity this is 1st 3d animated NFT artwork of a legend. this NFT will be million dollars value in future. actually the true is we can't give value.
this is promotional price because our goal is build real customer base on binance NFT market place too.. that's why we listing one piece of our every creative art works on #BinanceNFT market place.
OK no more words just go to our NFT market place by below link and let this legendary NFT as yours. also dont froget to followus on NFT marketplace.
Click here for make this NFT yours
#ellonmask #DontMiss_Ellon_Mask
respect you sir..🙏
Heavy go, fellows here we are going to tell you about very rare opportunity. we all are know Michael Jackson is a ever emmortal true legend of the history.
he is a singer , dancer, song writer, which means "King of pop". he is regarded as one of the most significant cultural figures of the 20th century.
so we created 10 creative , 3d , animated NFT artworks for respect to " Michael Jackson " and 9 of them successfully sold out and one is left.
so guys don't miss this opportunity this is 1st 3d animated NFT artwork of a legend. this NFT will be million dollars value in future. actually the true is we can't give value.
this is promotional price because our goal is build real customer base on binance NFT market place too.. that's why we listing one piece of our every creative art works on #BinanceNFT market place.
OK no more words just go to our NFT market place by below link and let this legendary NFT as yours. also dont froget to followus on NFT marketplace.
Click here for make this NFT yours
#ellonmask #DontMiss_Ellon_Mask
PUMP alert.. ‼️〽️
#DontMiss_Ellon_Mask
LTC market pump out so hardly after our market update, we told you that btc market will pump soon, when $LTC trading around 83$ level and now ltc trading around 90$ level.
and here we are providing you that another strong marker update. that is about $NOT coin.
guys not coin is now trading around 0.00551 level after huge market drop since last few days, and not coin market not showed considerable up trend compare with the othe crypto token.
so guys next tiket is getting ready for NOT coin definitely . because of not coin community market updates are so strong and 4h and daily candlestick chart proving that about next breakeout soon.
and not coin will pump out very strongly if that breakeout happened.
so guys take your tiket for next sky rocket 🚀
see you guys soon with next market update
stay tuned with us..
#ellonmask
#DontMiss_Ellon_Mask
LTC market pump out so hardly after our market update, we told you that btc market will pump soon, when $LTC trading around 83$ level and now ltc trading around 90$ level.
and here we are providing you that another strong marker update. that is about $NOT coin.
guys not coin is now trading around 0.00551 level after huge market drop since last few days, and not coin market not showed considerable up trend compare with the othe crypto token.
so guys next tiket is getting ready for NOT coin definitely . because of not coin community market updates are so strong and 4h and daily candlestick chart proving that about next breakeout soon.
and not coin will pump out very strongly if that breakeout happened.
so guys take your tiket for next sky rocket 🚀
see you guys soon with next market update
stay tuned with us..
#ellonmask
LIVEEllon mask
--
hidden Prince $LTC 🆘️
#DontMiss_Ellon_Mask
MARKET NEWS AROUND LTC IS so STRONG... 💪
LTC market showing remarkable settlement on above 80$ level since last month. so guys this is most valuble coin to start your investment during this after halving pump.
ltc definitely pump out soon withing a next three days. so guysdon't miss that opportunity, do your investment in ltc without any fears .
if you remember that we did same kind of information about solana market when solana is trading around 90$ level and solana just pumped to 200$ level just withing a 10days.
so this is same kind of information, don't be late do your investment on ltc market. it should pump to 200$ level in next few days.
see yousoon with next market update.
Happy halving..!
#ellonmask
#DontMiss_Ellon_Mask
MARKET NEWS AROUND LTC IS so STRONG... 💪
LTC market showing remarkable settlement on above 80$ level since last month. so guys this is most valuble coin to start your investment during this after halving pump.
ltc definitely pump out soon withing a next three days. so guysdon't miss that opportunity, do your investment in ltc without any fears .
if you remember that we did same kind of information about solana market when solana is trading around 90$ level and solana just pumped to 200$ level just withing a 10days.
so this is same kind of information, don't be late do your investment on ltc market. it should pump to 200$ level in next few days.
see yousoon with next market update.
Happy halving..!
#ellonmask
The Role Of the volume 🆘️📊
lesson no.1️⃣0️⃣
part🅾️2️⃣
#DontMiss_Ellon_Mask
#ellonmask
How to trade it
Volume can be integrated into various trading strategies:
Volume and Breakouts: When a stock breaks above a resistance level (or below a support level) on high volume, it's often a valid signal that the breakout is genuine. This can be an opportune time for a trade.
Example: If a stock has been trading between $10 and $12 and suddenly breaks above $12 on significantly higher volume than the recent average, it might indicate strong buying interest and a potential continued upward move.
Volume Climax: A sudden spike in volume after a strong trend might indicate a climax or exhaustion move. This can be a sign of a potential trend reversal.
Example: If a stock has been steadily climbing and then sees a sharp upward move on very high volume (much higher than previous days), it could suggest a buying climax and potential for a pullback or reversal.
On Balance Volume (OBV): OBV is a momentum indicator that uses volume flow to predict changes in stock price. It adds volume on up days and subtracts volume on down days. A rising OBV suggests that volume is flowing into an asset, while a falling OBV indicates outflow.
Volume Divergence: When price and volume diverge, it can signal a potential trend change. For instance, if price is rising but volume is decreasing, it could suggest a lack of conviction in the upward move and a potential reversal.
Example: A stock reaches new highs, but the volume starts to decline with each new high. This divergence can be a warning sign that the uptrend may not be sustainable.
When using volume in technical analysis, it's essential to always use it in conjunction with other indicators and tools. No single indicator should be used in isolation.
see you soon with next lesson.
lesson no.1️⃣0️⃣
part🅾️2️⃣
#DontMiss_Ellon_Mask
#ellonmask
How to trade it
Volume can be integrated into various trading strategies:
Volume and Breakouts: When a stock breaks above a resistance level (or below a support level) on high volume, it's often a valid signal that the breakout is genuine. This can be an opportune time for a trade.
Example: If a stock has been trading between $10 and $12 and suddenly breaks above $12 on significantly higher volume than the recent average, it might indicate strong buying interest and a potential continued upward move.
Volume Climax: A sudden spike in volume after a strong trend might indicate a climax or exhaustion move. This can be a sign of a potential trend reversal.
Example: If a stock has been steadily climbing and then sees a sharp upward move on very high volume (much higher than previous days), it could suggest a buying climax and potential for a pullback or reversal.
On Balance Volume (OBV): OBV is a momentum indicator that uses volume flow to predict changes in stock price. It adds volume on up days and subtracts volume on down days. A rising OBV suggests that volume is flowing into an asset, while a falling OBV indicates outflow.
Volume Divergence: When price and volume diverge, it can signal a potential trend change. For instance, if price is rising but volume is decreasing, it could suggest a lack of conviction in the upward move and a potential reversal.
Example: A stock reaches new highs, but the volume starts to decline with each new high. This divergence can be a warning sign that the uptrend may not be sustainable.
When using volume in technical analysis, it's essential to always use it in conjunction with other indicators and tools. No single indicator should be used in isolation.
see you soon with next lesson.
LIVEEllon mask
--
The Role Of Volume In Technical Analysis🆘️
lesson no.1️⃣0️⃣
part.🅾️1️⃣
When analyzing charts and making trading decisions, many traders focus primarily on price movements. However, another key component—often overlooked but equally vital—is volume. Volume provides insights into the strength, conviction, and sustainability of price moves.
Volume refers to the number of shares or contracts traded in an asset or security over a specific period. In the context of technical analysis, volume can be used to confirm price trends and generate trading signals based on divergences between volume and price.
What it is and what it shows
Volume represents the level of interest or activity in a particular asset. A high volume indicates strong interest and heavy trading, while low volume can suggest a lack of interest or a period of consolidation.
Several key insights that volume provides include:
Strength Confirmation: A price movement accompanied by high volume is generally seen as having more strength and conviction. It suggests that the move is widely accepted and supported by traders.
Potential Reversals: If price reaches new highs or lows but volume doesn't support it, there might be a lack of conviction in the trend. This divergence can signal a potential reversal.
Breakouts and Breakdowns: When price breaks out of a consolidation range or a specific pattern (e.g., a triangle or channel) on high volume, it adds validity to the breakout. Low volume breakouts may be suspect and prone to failure.
Accumulation and Distribution: Periods of quiet consolidation with increasing volume might indicate accumulation (buying) or distribution (selling). Watching volume patterns can give hints about the potential next move.
see you soon with part 02
#ellonmask #DontMiss_Ellon_Mask
lesson no.1️⃣0️⃣
part.🅾️1️⃣
When analyzing charts and making trading decisions, many traders focus primarily on price movements. However, another key component—often overlooked but equally vital—is volume. Volume provides insights into the strength, conviction, and sustainability of price moves.
Volume refers to the number of shares or contracts traded in an asset or security over a specific period. In the context of technical analysis, volume can be used to confirm price trends and generate trading signals based on divergences between volume and price.
What it is and what it shows
Volume represents the level of interest or activity in a particular asset. A high volume indicates strong interest and heavy trading, while low volume can suggest a lack of interest or a period of consolidation.
Several key insights that volume provides include:
Strength Confirmation: A price movement accompanied by high volume is generally seen as having more strength and conviction. It suggests that the move is widely accepted and supported by traders.
Potential Reversals: If price reaches new highs or lows but volume doesn't support it, there might be a lack of conviction in the trend. This divergence can signal a potential reversal.
Breakouts and Breakdowns: When price breaks out of a consolidation range or a specific pattern (e.g., a triangle or channel) on high volume, it adds validity to the breakout. Low volume breakouts may be suspect and prone to failure.
Accumulation and Distribution: Periods of quiet consolidation with increasing volume might indicate accumulation (buying) or distribution (selling). Watching volume patterns can give hints about the potential next move.
see you soon with part 02
#ellonmask #DontMiss_Ellon_Mask
BTC price alert 🆘️📉📊📈
#DontMiss_Ellon_Mask
Guys , we told you about this happen since yesterday. I think you all have comfortable profit started in your wallet.
now btc bull's come back very strongly from last few hours. btc breakout that resistant level around 67.4k level very strongly and now trading about 69.6k level, whichmeans btc market will easily climb up to 73k level soon.
this 73k level also very crucial in btc after halving pump. we are expecting kind of drop from there it is around 2k worth maybe.
however we will talk about it later.
see you guys soon with next market update..
#ellonmask
#DontMiss_Ellon_Mask
Guys , we told you about this happen since yesterday. I think you all have comfortable profit started in your wallet.
now btc bull's come back very strongly from last few hours. btc breakout that resistant level around 67.4k level very strongly and now trading about 69.6k level, whichmeans btc market will easily climb up to 73k level soon.
this 73k level also very crucial in btc after halving pump. we are expecting kind of drop from there it is around 2k worth maybe.
however we will talk about it later.
see you guys soon with next market update..
#ellonmask
LIVEEllon mask
--
BTC live market update🆘️
#ellonmask
in last week btc market showed lots of market movements up and down equally around 63k level and finali btc bull's are bridged up btc to 67.5k level with strong breakeout of across 64.5k resistant level. which gave us a sing of 1st starlight of after halving pump.
but btc bull's couldn't breake out 67.5k level and three times rejected from around 67.35k level. now trading around 66k level and it's makes traders confused again and some fellows are talking about end of btc bull.
our point of you is don't froget that 67.5k level made a very strong resistant level in btc last pumpe to 73k level. so that's why bull's are struggling in that area and that is not telling us anything about bearish market. market will be pump hardly withing next 72 hours.
according to daily candlestick chart, btc market breakeout so strongly and its shows fake down in last 2 candles showing that continuation of weekend market habit, so don't worry about it.
market need some correction before that long green starlightning candle. so now btc trying to settle up around 66k level. btc bears can continue down to 64.5k level if btc couldn't hold that 65.5k to 66k level, and also be able to hit 63.7k level with over sell pressure. but there is no evidence yet about more market bearishnes.
so believe that btc bulls will be coming soon very strongly... 💪
and one last thing guys, now our creative 3D animated NFT artworks are getting more popular and most of peoples Wormley welcomed our latest NFT which we created to respect our legend sir "Michael Jackson", thank you very much for that.
and also glad to say that our new 3D animated creative NFT artworks are now available on our market place. now you all be able to make that NFTs yours. you will be able to sell them all with 500%+ profit within a next few days. because our NFT artworks are getting more popular with that our creativity and strong projects after us.
Click here to visit our NFT market
#ellonmask
in last week btc market showed lots of market movements up and down equally around 63k level and finali btc bull's are bridged up btc to 67.5k level with strong breakeout of across 64.5k resistant level. which gave us a sing of 1st starlight of after halving pump.
but btc bull's couldn't breake out 67.5k level and three times rejected from around 67.35k level. now trading around 66k level and it's makes traders confused again and some fellows are talking about end of btc bull.
our point of you is don't froget that 67.5k level made a very strong resistant level in btc last pumpe to 73k level. so that's why bull's are struggling in that area and that is not telling us anything about bearish market. market will be pump hardly withing next 72 hours.
according to daily candlestick chart, btc market breakeout so strongly and its shows fake down in last 2 candles showing that continuation of weekend market habit, so don't worry about it.
market need some correction before that long green starlightning candle. so now btc trying to settle up around 66k level. btc bears can continue down to 64.5k level if btc couldn't hold that 65.5k to 66k level, and also be able to hit 63.7k level with over sell pressure. but there is no evidence yet about more market bearishnes.
so believe that btc bulls will be coming soon very strongly... 💪
and one last thing guys, now our creative 3D animated NFT artworks are getting more popular and most of peoples Wormley welcomed our latest NFT which we created to respect our legend sir "Michael Jackson", thank you very much for that.
and also glad to say that our new 3D animated creative NFT artworks are now available on our market place. now you all be able to make that NFTs yours. you will be able to sell them all with 500%+ profit within a next few days. because our NFT artworks are getting more popular with that our creativity and strong projects after us.
Click here to visit our NFT market
hidden Prince $LTC 🆘️
#DontMiss_Ellon_Mask
MARKET NEWS AROUND LTC IS so STRONG... 💪
LTC market showing remarkable settlement on above 80$ level since last month. so guys this is most valuble coin to start your investment during this after halving pump.
ltc definitely pump out soon withing a next three days. so guysdon't miss that opportunity, do your investment in ltc without any fears .
if you remember that we did same kind of information about solana market when solana is trading around 90$ level and solana just pumped to 200$ level just withing a 10days.
so this is same kind of information, don't be late do your investment on ltc market. it should pump to 200$ level in next few days.
see yousoon with next market update.
Happy halving..!
#ellonmask
#DontMiss_Ellon_Mask
MARKET NEWS AROUND LTC IS so STRONG... 💪
LTC market showing remarkable settlement on above 80$ level since last month. so guys this is most valuble coin to start your investment during this after halving pump.
ltc definitely pump out soon withing a next three days. so guysdon't miss that opportunity, do your investment in ltc without any fears .
if you remember that we did same kind of information about solana market when solana is trading around 90$ level and solana just pumped to 200$ level just withing a 10days.
so this is same kind of information, don't be late do your investment on ltc market. it should pump to 200$ level in next few days.
see yousoon with next market update.
Happy halving..!
#ellonmask
BTC live market update🆘️
#ellonmask
in last week btc market showed lots of market movements up and down equally around 63k level and finali btc bull's are bridged up btc to 67.5k level with strong breakeout of across 64.5k resistant level. which gave us a sing of 1st starlight of after halving pump.
but btc bull's couldn't breake out 67.5k level and three times rejected from around 67.35k level. now trading around 66k level and it's makes traders confused again and some fellows are talking about end of btc bull.
our point of you is don't froget that 67.5k level made a very strong resistant level in btc last pumpe to 73k level. so that's why bull's are struggling in that area and that is not telling us anything about bearish market. market will be pump hardly withing next 72 hours.
according to daily candlestick chart, btc market breakeout so strongly and its shows fake down in last 2 candles showing that continuation of weekend market habit, so don't worry about it.
market need some correction before that long green starlightning candle. so now btc trying to settle up around 66k level. btc bears can continue down to 64.5k level if btc couldn't hold that 65.5k to 66k level, and also be able to hit 63.7k level with over sell pressure. but there is no evidence yet about more market bearishnes.
so believe that btc bulls will be coming soon very strongly... 💪
and one last thing guys, now our creative 3D animated NFT artworks are getting more popular and most of peoples Wormley welcomed our latest NFT which we created to respect our legend sir "Michael Jackson", thank you very much for that.
and also glad to say that our new 3D animated creative NFT artworks are now available on our market place. now you all be able to make that NFTs yours. you will be able to sell them all with 500%+ profit within a next few days. because our NFT artworks are getting more popular with that our creativity and strong projects after us.
Click here to visit our NFT market
#ellonmask
in last week btc market showed lots of market movements up and down equally around 63k level and finali btc bull's are bridged up btc to 67.5k level with strong breakeout of across 64.5k resistant level. which gave us a sing of 1st starlight of after halving pump.
but btc bull's couldn't breake out 67.5k level and three times rejected from around 67.35k level. now trading around 66k level and it's makes traders confused again and some fellows are talking about end of btc bull.
our point of you is don't froget that 67.5k level made a very strong resistant level in btc last pumpe to 73k level. so that's why bull's are struggling in that area and that is not telling us anything about bearish market. market will be pump hardly withing next 72 hours.
according to daily candlestick chart, btc market breakeout so strongly and its shows fake down in last 2 candles showing that continuation of weekend market habit, so don't worry about it.
market need some correction before that long green starlightning candle. so now btc trying to settle up around 66k level. btc bears can continue down to 64.5k level if btc couldn't hold that 65.5k to 66k level, and also be able to hit 63.7k level with over sell pressure. but there is no evidence yet about more market bearishnes.
so believe that btc bulls will be coming soon very strongly... 💪
and one last thing guys, now our creative 3D animated NFT artworks are getting more popular and most of peoples Wormley welcomed our latest NFT which we created to respect our legend sir "Michael Jackson", thank you very much for that.
and also glad to say that our new 3D animated creative NFT artworks are now available on our market place. now you all be able to make that NFTs yours. you will be able to sell them all with 500%+ profit within a next few days. because our NFT artworks are getting more popular with that our creativity and strong projects after us.
Click here to visit our NFT market
LIVEEllon mask
--
Bikovsko
BTC Price alert 🆘️📉📊📈
BTC market now trading around 65k level. so guys now we are in bullish mind set because day before yesterday btc daily candl breakeout it downtrend resistant since last month. so this is huge bullish sing according to daily candlestick chart.
yesterday btc maximum price level is 66.6k level then market retested to 64.5k level in today, so now we can expect btc climb to 68k resistant level withing a next 3days. but keep one thing in your mind that btc market resent support level in between 64k to 64.2k level if market drop below with unexpected over selling pressure market will be able to drive around 62k level again before next considerable pump so be careful.
how ever we can expect btc will climb above 80k level within a next 4 months. so this is most suitable point to start your spot buy for bull market.
and this is about our new NFT project. we creating very attractive an unique NFT for you all. we introduce this NFT very lowest price in the market around 10$. so guys don't miss that opportunity, definitely you will be able to sell that NFT s with 400%+ profit end of this month.
so if you wanna own this creative art work Just click here. and be part of #ellonmask team.
see you guys soon with next market update.
#DontMiss_Ellon_Mask
BTC market now trading around 65k level. so guys now we are in bullish mind set because day before yesterday btc daily candl breakeout it downtrend resistant since last month. so this is huge bullish sing according to daily candlestick chart.
yesterday btc maximum price level is 66.6k level then market retested to 64.5k level in today, so now we can expect btc climb to 68k resistant level withing a next 3days. but keep one thing in your mind that btc market resent support level in between 64k to 64.2k level if market drop below with unexpected over selling pressure market will be able to drive around 62k level again before next considerable pump so be careful.
how ever we can expect btc will climb above 80k level within a next 4 months. so this is most suitable point to start your spot buy for bull market.
and this is about our new NFT project. we creating very attractive an unique NFT for you all. we introduce this NFT very lowest price in the market around 10$. so guys don't miss that opportunity, definitely you will be able to sell that NFT s with 400%+ profit end of this month.
so if you wanna own this creative art work Just click here. and be part of #ellonmask team.
see you guys soon with next market update.
#DontMiss_Ellon_Mask
🆘️Day by day NFT trading getting more popular than crypto trading. 💹 🖼🎨
#DontMiss_Ellon_Mask
"The legend of Michael Jackson " That our highly recommended NFT artwork was successfully sold out.🎉🎈
here we have two new listed latest 3D animated NFT artworks.
now you all know we creating very rare , most valuble and creative NFT artworks in the market and that our NFT artwork getting more popularity with that creativity of our NFTs. so that artworks will give you 100 to 1000% profit in near future.
we introduce that all our NFT artworks very reasonable price in this one month promotional period, but they're more valuable than our introduce price, because our graphic quality.
here we have our latest new listed two NFT artworks. below just 15$ price. now you can make it yours.
one is "BTC revolution " and another one is "Crypto monkey " . only two copies are available at the moment. just go through below link and make it yours. after this promotional period they also value than 50$+.
only two of you have this opportunity.
for buy this creative 3D animated artworks Just Click Here .
and also dont froget to follow us on NFT market place. see guys soon with new creative NFT market update.
#ellonmask #DontMiss_Ellon_Mask
#DontMiss_Ellon_Mask
"The legend of Michael Jackson " That our highly recommended NFT artwork was successfully sold out.🎉🎈
here we have two new listed latest 3D animated NFT artworks.
now you all know we creating very rare , most valuble and creative NFT artworks in the market and that our NFT artwork getting more popularity with that creativity of our NFTs. so that artworks will give you 100 to 1000% profit in near future.
we introduce that all our NFT artworks very reasonable price in this one month promotional period, but they're more valuable than our introduce price, because our graphic quality.
here we have our latest new listed two NFT artworks. below just 15$ price. now you can make it yours.
one is "BTC revolution " and another one is "Crypto monkey " . only two copies are available at the moment. just go through below link and make it yours. after this promotional period they also value than 50$+.
only two of you have this opportunity.
for buy this creative 3D animated artworks Just Click Here .
and also dont froget to follow us on NFT market place. see guys soon with new creative NFT market update.
#ellonmask #DontMiss_Ellon_Mask
LIVEEllon mask
--
Last call of sell off🆘️🚨
respect you sir..🙏
Heavy go, fellows here we are going to tell you about very rare opportunity. we all are know Michael Jackson is a ever emmortal true legend of the history.
he is a singer , dancer, song writer, which means "King of pop". he is regarded as one of the most significant cultural figures of the 20th century.
so we created 10 creative , 3d , animated NFT artworks for respect to " Michael Jackson " and 9 of them successfully sold out and one is left.
so guys don't miss this opportunity this is 1st 3d animated NFT artwork of a legend. this NFT will be million dollars value in future. actually the true is we can't give value.
this is promotional price because our goal is build real customer base on binance NFT market place too.. that's why we listing one piece of our every creative art works on #BinanceNFT market place.
OK no more words just go to our NFT market place by below link and let this legendary NFT as yours. also dont froget to followus on NFT marketplace.
Click here for make this NFT yours
#ellonmask #DontMiss_Ellon_Mask
respect you sir..🙏
Heavy go, fellows here we are going to tell you about very rare opportunity. we all are know Michael Jackson is a ever emmortal true legend of the history.
he is a singer , dancer, song writer, which means "King of pop". he is regarded as one of the most significant cultural figures of the 20th century.
so we created 10 creative , 3d , animated NFT artworks for respect to " Michael Jackson " and 9 of them successfully sold out and one is left.
so guys don't miss this opportunity this is 1st 3d animated NFT artwork of a legend. this NFT will be million dollars value in future. actually the true is we can't give value.
this is promotional price because our goal is build real customer base on binance NFT market place too.. that's why we listing one piece of our every creative art works on #BinanceNFT market place.
OK no more words just go to our NFT market place by below link and let this legendary NFT as yours. also dont froget to followus on NFT marketplace.
Click here for make this NFT yours
#ellonmask #DontMiss_Ellon_Mask
The Role Of Volume In Technical Analysis🆘️
lesson no.1️⃣0️⃣
part.🅾️1️⃣
When analyzing charts and making trading decisions, many traders focus primarily on price movements. However, another key component—often overlooked but equally vital—is volume. Volume provides insights into the strength, conviction, and sustainability of price moves.
Volume refers to the number of shares or contracts traded in an asset or security over a specific period. In the context of technical analysis, volume can be used to confirm price trends and generate trading signals based on divergences between volume and price.
What it is and what it shows
Volume represents the level of interest or activity in a particular asset. A high volume indicates strong interest and heavy trading, while low volume can suggest a lack of interest or a period of consolidation.
Several key insights that volume provides include:
Strength Confirmation: A price movement accompanied by high volume is generally seen as having more strength and conviction. It suggests that the move is widely accepted and supported by traders.
Potential Reversals: If price reaches new highs or lows but volume doesn't support it, there might be a lack of conviction in the trend. This divergence can signal a potential reversal.
Breakouts and Breakdowns: When price breaks out of a consolidation range or a specific pattern (e.g., a triangle or channel) on high volume, it adds validity to the breakout. Low volume breakouts may be suspect and prone to failure.
Accumulation and Distribution: Periods of quiet consolidation with increasing volume might indicate accumulation (buying) or distribution (selling). Watching volume patterns can give hints about the potential next move.
see you soon with part 02
#ellonmask #DontMiss_Ellon_Mask
lesson no.1️⃣0️⃣
part.🅾️1️⃣
When analyzing charts and making trading decisions, many traders focus primarily on price movements. However, another key component—often overlooked but equally vital—is volume. Volume provides insights into the strength, conviction, and sustainability of price moves.
Volume refers to the number of shares or contracts traded in an asset or security over a specific period. In the context of technical analysis, volume can be used to confirm price trends and generate trading signals based on divergences between volume and price.
What it is and what it shows
Volume represents the level of interest or activity in a particular asset. A high volume indicates strong interest and heavy trading, while low volume can suggest a lack of interest or a period of consolidation.
Several key insights that volume provides include:
Strength Confirmation: A price movement accompanied by high volume is generally seen as having more strength and conviction. It suggests that the move is widely accepted and supported by traders.
Potential Reversals: If price reaches new highs or lows but volume doesn't support it, there might be a lack of conviction in the trend. This divergence can signal a potential reversal.
Breakouts and Breakdowns: When price breaks out of a consolidation range or a specific pattern (e.g., a triangle or channel) on high volume, it adds validity to the breakout. Low volume breakouts may be suspect and prone to failure.
Accumulation and Distribution: Periods of quiet consolidation with increasing volume might indicate accumulation (buying) or distribution (selling). Watching volume patterns can give hints about the potential next move.
see you soon with part 02
#ellonmask #DontMiss_Ellon_Mask
LIVEEllon mask
--
How To Correctly Draw Trend-lines🆘️📈
lesson no.0️⃣9️⃣
#DontMiss_Ellon_Mask
The accuracy of a trend-line largely depends on the selection of the starting and ending points. These points, often referred to as "pivot points", are significant highs (peaks) or lows (troughs) on a chart. Identifying these points correctly is crucial for drawing a valid trend-line.
Identify the Trend:
Before drawing a trend-line, determine the direction of the trend. Is it an uptrend, downtrend, or sideways trend?
Choose Significant Points:
For an uptrend, select at least two recent lows and draw a line connecting them. The line should ideally be below the price, acting as a support.
For a downtrend, select at least two recent highs and connect them. This line should be above the price, acting as a resistance.
Extend the Line:
Once you've connected the initial points, extend the trend-line out into the future. This extended line will serve as a potential future line of support (in an uptrend) or resistance (in a downtrend).
Adjust for Best Fit:
Sometimes, especially in volatile markets, prices might not touch the trend-line perfectly. In such cases, it's acceptable to adjust the trend-line for the best fit. This means that the line might not touch every single high or low but captures the essence of the price movement.
Conclusion
Drawing trend-lines is as much an art as it is a science. While the basic principles are straightforward, the nuances come with experience. It's essential to practice drawing trend-lines across various time frames and market conditions to get a feel for their reliability and significance. Remember, no single tool should be used in isolation; combining trend-lines with other technical analysis methods can offer a more comprehensive view of the market.
#ellonmask
lesson no.0️⃣9️⃣
#DontMiss_Ellon_Mask
The accuracy of a trend-line largely depends on the selection of the starting and ending points. These points, often referred to as "pivot points", are significant highs (peaks) or lows (troughs) on a chart. Identifying these points correctly is crucial for drawing a valid trend-line.
Identify the Trend:
Before drawing a trend-line, determine the direction of the trend. Is it an uptrend, downtrend, or sideways trend?
Choose Significant Points:
For an uptrend, select at least two recent lows and draw a line connecting them. The line should ideally be below the price, acting as a support.
For a downtrend, select at least two recent highs and connect them. This line should be above the price, acting as a resistance.
Extend the Line:
Once you've connected the initial points, extend the trend-line out into the future. This extended line will serve as a potential future line of support (in an uptrend) or resistance (in a downtrend).
Adjust for Best Fit:
Sometimes, especially in volatile markets, prices might not touch the trend-line perfectly. In such cases, it's acceptable to adjust the trend-line for the best fit. This means that the line might not touch every single high or low but captures the essence of the price movement.
Conclusion
Drawing trend-lines is as much an art as it is a science. While the basic principles are straightforward, the nuances come with experience. It's essential to practice drawing trend-lines across various time frames and market conditions to get a feel for their reliability and significance. Remember, no single tool should be used in isolation; combining trend-lines with other technical analysis methods can offer a more comprehensive view of the market.
#ellonmask
Last call of sell off🆘️🚨
respect you sir..🙏
Heavy go, fellows here we are going to tell you about very rare opportunity. we all are know Michael Jackson is a ever emmortal true legend of the history.
he is a singer , dancer, song writer, which means "King of pop". he is regarded as one of the most significant cultural figures of the 20th century.
so we created 10 creative , 3d , animated NFT artworks for respect to " Michael Jackson " and 9 of them successfully sold out and one is left.
so guys don't miss this opportunity this is 1st 3d animated NFT artwork of a legend. this NFT will be million dollars value in future. actually the true is we can't give value.
this is promotional price because our goal is build real customer base on binance NFT market place too.. that's why we listing one piece of our every creative art works on #BinanceNFT market place.
OK no more words just go to our NFT market place by below link and let this legendary NFT as yours. also dont froget to followus on NFT marketplace.
Click here for make this NFT yours
#ellonmask #DontMiss_Ellon_Mask
respect you sir..🙏
Heavy go, fellows here we are going to tell you about very rare opportunity. we all are know Michael Jackson is a ever emmortal true legend of the history.
he is a singer , dancer, song writer, which means "King of pop". he is regarded as one of the most significant cultural figures of the 20th century.
so we created 10 creative , 3d , animated NFT artworks for respect to " Michael Jackson " and 9 of them successfully sold out and one is left.
so guys don't miss this opportunity this is 1st 3d animated NFT artwork of a legend. this NFT will be million dollars value in future. actually the true is we can't give value.
this is promotional price because our goal is build real customer base on binance NFT market place too.. that's why we listing one piece of our every creative art works on #BinanceNFT market place.
OK no more words just go to our NFT market place by below link and let this legendary NFT as yours. also dont froget to followus on NFT marketplace.
Click here for make this NFT yours
#ellonmask #DontMiss_Ellon_Mask
How To Correctly Draw Trend-lines🆘️📈
lesson no.0️⃣9️⃣
#DontMiss_Ellon_Mask
The accuracy of a trend-line largely depends on the selection of the starting and ending points. These points, often referred to as "pivot points", are significant highs (peaks) or lows (troughs) on a chart. Identifying these points correctly is crucial for drawing a valid trend-line.
Identify the Trend:
Before drawing a trend-line, determine the direction of the trend. Is it an uptrend, downtrend, or sideways trend?
Choose Significant Points:
For an uptrend, select at least two recent lows and draw a line connecting them. The line should ideally be below the price, acting as a support.
For a downtrend, select at least two recent highs and connect them. This line should be above the price, acting as a resistance.
Extend the Line:
Once you've connected the initial points, extend the trend-line out into the future. This extended line will serve as a potential future line of support (in an uptrend) or resistance (in a downtrend).
Adjust for Best Fit:
Sometimes, especially in volatile markets, prices might not touch the trend-line perfectly. In such cases, it's acceptable to adjust the trend-line for the best fit. This means that the line might not touch every single high or low but captures the essence of the price movement.
Conclusion
Drawing trend-lines is as much an art as it is a science. While the basic principles are straightforward, the nuances come with experience. It's essential to practice drawing trend-lines across various time frames and market conditions to get a feel for their reliability and significance. Remember, no single tool should be used in isolation; combining trend-lines with other technical analysis methods can offer a more comprehensive view of the market.
#ellonmask
lesson no.0️⃣9️⃣
#DontMiss_Ellon_Mask
The accuracy of a trend-line largely depends on the selection of the starting and ending points. These points, often referred to as "pivot points", are significant highs (peaks) or lows (troughs) on a chart. Identifying these points correctly is crucial for drawing a valid trend-line.
Identify the Trend:
Before drawing a trend-line, determine the direction of the trend. Is it an uptrend, downtrend, or sideways trend?
Choose Significant Points:
For an uptrend, select at least two recent lows and draw a line connecting them. The line should ideally be below the price, acting as a support.
For a downtrend, select at least two recent highs and connect them. This line should be above the price, acting as a resistance.
Extend the Line:
Once you've connected the initial points, extend the trend-line out into the future. This extended line will serve as a potential future line of support (in an uptrend) or resistance (in a downtrend).
Adjust for Best Fit:
Sometimes, especially in volatile markets, prices might not touch the trend-line perfectly. In such cases, it's acceptable to adjust the trend-line for the best fit. This means that the line might not touch every single high or low but captures the essence of the price movement.
Conclusion
Drawing trend-lines is as much an art as it is a science. While the basic principles are straightforward, the nuances come with experience. It's essential to practice drawing trend-lines across various time frames and market conditions to get a feel for their reliability and significance. Remember, no single tool should be used in isolation; combining trend-lines with other technical analysis methods can offer a more comprehensive view of the market.
#ellonmask
LIVEEllon mask
--
Introduction To Trend Lines📉🆘️
lesson no.0️⃣8️⃣
#DontMiss_Ellon_Mask
A trend-line is a straight line that connects two or more price points and then extends into the future to act as a line of support or resistance. In technical analysis, trend-lines are used to visually represent and identify the direction of an asset's price over a specific period. Trend-lines can be upward (bullish), downward (bearish), or sideways (neutral).
Types Of Trend-lines
Uptrend Line: Drawn along the low points when the market is rising. It acts as a support line, meaning that as long as the price remains above this line, the market is considered to be in an uptrend.
Downtrend Line: Drawn along the high points when the market is declining. It acts as a resistance line. If the price remains below this line, it indicates a downtrend.
Sideways Trend Line: Indicates a market in consolidation. It's usually characterized by a horizontal trend-line.
Importance Of Trend-lines
Direction Indicator: Trend-lines help in identifying the overall direction of the market, whether it's an uptrend, downtrend, or sideways trend.
Support and Resistance: They act as dynamic levels of support and resistance. Prices often respect these trend-lines, making them crucial for entry and exit points.
Breakouts and Reversals: A breach of a trend-line often signals a potential reversal or continuation of the trend. Recognizing these breakouts can lead to profitable trading opportunities.
Limitations Of Trend-lines
Subjectivity: Different traders might interpret trend-lines differently. What seems like a valid trend-line to one trader might not be the same for another.
False Breakouts: Prices might breach a trend-line temporarily, tricking traders into thinking a breakout or reversal has occurred.
Not Foolproof: Like all tools in technical analysis, trend-lines are not 100% accurate and should be used in conjunction with other tools and methods.
#ellonmask
lesson no.0️⃣8️⃣
#DontMiss_Ellon_Mask
A trend-line is a straight line that connects two or more price points and then extends into the future to act as a line of support or resistance. In technical analysis, trend-lines are used to visually represent and identify the direction of an asset's price over a specific period. Trend-lines can be upward (bullish), downward (bearish), or sideways (neutral).
Types Of Trend-lines
Uptrend Line: Drawn along the low points when the market is rising. It acts as a support line, meaning that as long as the price remains above this line, the market is considered to be in an uptrend.
Downtrend Line: Drawn along the high points when the market is declining. It acts as a resistance line. If the price remains below this line, it indicates a downtrend.
Sideways Trend Line: Indicates a market in consolidation. It's usually characterized by a horizontal trend-line.
Importance Of Trend-lines
Direction Indicator: Trend-lines help in identifying the overall direction of the market, whether it's an uptrend, downtrend, or sideways trend.
Support and Resistance: They act as dynamic levels of support and resistance. Prices often respect these trend-lines, making them crucial for entry and exit points.
Breakouts and Reversals: A breach of a trend-line often signals a potential reversal or continuation of the trend. Recognizing these breakouts can lead to profitable trading opportunities.
Limitations Of Trend-lines
Subjectivity: Different traders might interpret trend-lines differently. What seems like a valid trend-line to one trader might not be the same for another.
False Breakouts: Prices might breach a trend-line temporarily, tricking traders into thinking a breakout or reversal has occurred.
Not Foolproof: Like all tools in technical analysis, trend-lines are not 100% accurate and should be used in conjunction with other tools and methods.
#ellonmask
Introduction To Trend Lines📉🆘️
lesson no.0️⃣8️⃣
#DontMiss_Ellon_Mask
A trend-line is a straight line that connects two or more price points and then extends into the future to act as a line of support or resistance. In technical analysis, trend-lines are used to visually represent and identify the direction of an asset's price over a specific period. Trend-lines can be upward (bullish), downward (bearish), or sideways (neutral).
Types Of Trend-lines
Uptrend Line: Drawn along the low points when the market is rising. It acts as a support line, meaning that as long as the price remains above this line, the market is considered to be in an uptrend.
Downtrend Line: Drawn along the high points when the market is declining. It acts as a resistance line. If the price remains below this line, it indicates a downtrend.
Sideways Trend Line: Indicates a market in consolidation. It's usually characterized by a horizontal trend-line.
Importance Of Trend-lines
Direction Indicator: Trend-lines help in identifying the overall direction of the market, whether it's an uptrend, downtrend, or sideways trend.
Support and Resistance: They act as dynamic levels of support and resistance. Prices often respect these trend-lines, making them crucial for entry and exit points.
Breakouts and Reversals: A breach of a trend-line often signals a potential reversal or continuation of the trend. Recognizing these breakouts can lead to profitable trading opportunities.
Limitations Of Trend-lines
Subjectivity: Different traders might interpret trend-lines differently. What seems like a valid trend-line to one trader might not be the same for another.
False Breakouts: Prices might breach a trend-line temporarily, tricking traders into thinking a breakout or reversal has occurred.
Not Foolproof: Like all tools in technical analysis, trend-lines are not 100% accurate and should be used in conjunction with other tools and methods.
#ellonmask
lesson no.0️⃣8️⃣
#DontMiss_Ellon_Mask
A trend-line is a straight line that connects two or more price points and then extends into the future to act as a line of support or resistance. In technical analysis, trend-lines are used to visually represent and identify the direction of an asset's price over a specific period. Trend-lines can be upward (bullish), downward (bearish), or sideways (neutral).
Types Of Trend-lines
Uptrend Line: Drawn along the low points when the market is rising. It acts as a support line, meaning that as long as the price remains above this line, the market is considered to be in an uptrend.
Downtrend Line: Drawn along the high points when the market is declining. It acts as a resistance line. If the price remains below this line, it indicates a downtrend.
Sideways Trend Line: Indicates a market in consolidation. It's usually characterized by a horizontal trend-line.
Importance Of Trend-lines
Direction Indicator: Trend-lines help in identifying the overall direction of the market, whether it's an uptrend, downtrend, or sideways trend.
Support and Resistance: They act as dynamic levels of support and resistance. Prices often respect these trend-lines, making them crucial for entry and exit points.
Breakouts and Reversals: A breach of a trend-line often signals a potential reversal or continuation of the trend. Recognizing these breakouts can lead to profitable trading opportunities.
Limitations Of Trend-lines
Subjectivity: Different traders might interpret trend-lines differently. What seems like a valid trend-line to one trader might not be the same for another.
False Breakouts: Prices might breach a trend-line temporarily, tricking traders into thinking a breakout or reversal has occurred.
Not Foolproof: Like all tools in technical analysis, trend-lines are not 100% accurate and should be used in conjunction with other tools and methods.
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How to identify support and resistance:〽️
lesson no.0️⃣7️⃣
Support and resistance levels can be identified using a variety of technical analysis tools, such as trend lines, moving averages, and Fibonacci retracements. Some traders also use chart patterns, such as double bottoms and head and shoulders, to identify support and resistance levels.
When identifying support and resistance levels, it is important to look for areas where the price has reversed direction multiple times in the past. The more times the price has bounced off a particular level, the stronger that level is likely to be.
Using support and resistance in trading:
Support and resistance levels can be used in a variety of trading strategies. One common strategy is to buy an asset when it reaches a support level and sell it when it reaches a resistance level. This is known as range trading, and it can be an effective strategy in markets that are trading in a range.
Another strategy is to look for breakouts of support or resistance levels. A breakout occurs when the price of an asset moves above a resistance level or below a support level, indicating a potential trend reversal. Traders may use breakouts as a signal to enter a trade in the direction of the breakout.
It is important to note that support and resistance levels are not always precise. The price of an asset may break through a support or resistance level, or it may temporarily pierce a level before reversing course. Therefore, it is important to use other technical indicators and risk management strategies in conjunction with support and resistance analysis.
see you soon with next lesson.
stay tuned with us.
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lesson no.0️⃣7️⃣
Support and resistance levels can be identified using a variety of technical analysis tools, such as trend lines, moving averages, and Fibonacci retracements. Some traders also use chart patterns, such as double bottoms and head and shoulders, to identify support and resistance levels.
When identifying support and resistance levels, it is important to look for areas where the price has reversed direction multiple times in the past. The more times the price has bounced off a particular level, the stronger that level is likely to be.
Using support and resistance in trading:
Support and resistance levels can be used in a variety of trading strategies. One common strategy is to buy an asset when it reaches a support level and sell it when it reaches a resistance level. This is known as range trading, and it can be an effective strategy in markets that are trading in a range.
Another strategy is to look for breakouts of support or resistance levels. A breakout occurs when the price of an asset moves above a resistance level or below a support level, indicating a potential trend reversal. Traders may use breakouts as a signal to enter a trade in the direction of the breakout.
It is important to note that support and resistance levels are not always precise. The price of an asset may break through a support or resistance level, or it may temporarily pierce a level before reversing course. Therefore, it is important to use other technical indicators and risk management strategies in conjunction with support and resistance analysis.
see you soon with next lesson.
stay tuned with us.
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