๐จ Trading Challenge Update ๐จ
๐ 1k-10k Challenge Update
๐ 100-1k Challenge Update
Great news! We've seen a solid 10% increase in our spot positions.
๐ฏ Take Profit Update:
- TP1 has been hit, letโs secure a profit of $150 here in the 1k-10k challenge.
- Allocating $15 for the 100-1k challenge.
Strategic Move:
With this profit, we're gearing up to leverage trade upcoming setups, stay tuned for the same. all while our LINK trade continues its course. ๐ฅ๐ฅ๐ฉ๏ธ
Stay tuned for more exciting developments! ๐ #TradingChallenge
Starting balance-1209 usdt
Current balance- 1330 usdt
Balance still in the trade : 1330-150= 1180 usdt( running)
150 usdt removed for future leverage trade.
#TheFlyingTrader๐ฉ๏ธ
#LSK has formed a bullish pennant pattern on the 4-hour timeframe๐โโ๏ธ
A breakout above descending resistance could lead to a pump higher๐
#ape/usdt appears poised for a breakout above a major trendline resistance๐ง
If breakout is confirmed, anticipating a significant price pump๐
๐จ1k-10k challenge update๐จ
Filusdt hit stop loss when trading competition was going on .
Loss of 71 usdt on this trade
1280-71 : 1209 usdt final balance.
Apologies for this one , Onto the next one .
Kindly follow exact leverage and profit that I mention.
If you want to grow your account organically traders
#theflyingtrader๐ฉ๏ธ
I am watching #CHZ closely as the price tries to retest the broken resistance properly!
If we get 2-3 consecutive closes above, it's good to buy!
#BTC Analysis
1. After breaking the previous support as mentioned in the chart BTC almost fell -6.6%.
2. BTC has corrected more than -20% from the last swing high where all the major buyer are trapped around 49000 level.
3. BTC will try to take support at first support zone which is around 35500-39050 and it is shown in the chart. If it breaks then it will take support at second support zone which is around 31665-34230.
#OMG ๐ Big Picture Price Update: January 21, 2024
Good news for OMG! It broke out of a downtrend and is now on an upward trend. In the long run, it could reach 6.27$.
Here are some positive signs from the chart:
A rising 20-day average, suggesting bulls are in control.
A bullish divergence between price and RSI, showing momentum for the bulls.
A bullish Engulfing pattern on the daily chart, indicating bullish control.
According to Elliott Wave theory, OMG might be in the early stages of a five-wave uptrend. This could mean another rise to $1.00 or even $1.50 before a wave 3 correction.
Key levels to watch:
Support: 0.8278 (breakout level).
Resistances: 0.9000, the 50-day average.
Overall, the OMG chart looks bullish. Traders, keep an eye out for buying opportunities at 0.725 or lower.
#TraderCash ๐ฐ
Exactly happened BTC bounced back from 40k ๐. That's also within a few hours ๐.
ะงะธัะฐัั ะฟะพะปะฝะพัััั…#BTC Update
as I have given this setup without SL I will of course give you updates.
we still have a range here as you can see in the screenshot on the left side and the bottom blue line is the Value Area Low (VAL) where our TP1 is.
BTC has formed a failed auction with this drop and these are usually often lucrative to trade hence my setup.
But what can happen is that it can make another retest of the 40969$ area and make people look like it will continue to dump.
of course this is not always 100% as we only trade possibilities i would set a hard SL slightly below the last drop if it takes a different turn but i let you know that.
Cheers
#TraderCash ๐ฐ
#BTCUSD analysis
After the breakout and trapped in 49000 level, Price taken support around 41500 and if it fails to hold that support then it could go down.
APT / USDT
We have bull flag formation
1 hr 50 EMA at 9.5$
Once price hold this level we can expect a price pump from here upto 10.9$
Keep an eye on it.
Expecting Etherum Ecosystem to explode incoming days. I have a watchlist of Chad โค๏ธโ๐ฅ
$ETH projects and all levels already market ๐. Do you need a Guide on these to where we accumulate and where we have to sold?
๐โ>> For Yessssssssssssssss
#TraderGaulsโก๏ธ
BTC ETF is finally approved
We've seen 2 waves of pump post-approval
1st wave = ETH beta coins
2nd wave = Alt L1s and usual strong coins of the last 3 months
BTC.D down a lot, both because of ETH and alts pumping
#LDO is small brother of ETH
#MATIC is cousin as L2 solution
In addition to their new girlfriend #SSV
This mix is powerful, must have in wallet
#ONDO: Placed several buy orders between 0.19 - 0.20 region. This is my accumulation range for the longterm. Remember we bought last week at $0.24 region, we will accumulate more DCA. I see targets above $3 by end of year.
ะงะธัะฐัั ะฟะพะปะฝะพัััั…$BLUR Swing Trade:
Type: Buy Long
Leverage: 2x to 5x/spot
TPs: on Chart
Entry: 0.2603-0.2695
SL: Easy invalidation of D1 candle closing below EMA50
#TraderGaulsโก๏ธ
#BTC Update
I feel like a magician, or wait.... I just read the data the chart gives me (there is some experience involved). ๐ฅ
isn't that a perfect drawing showing you the way BTC is going?
please tell me if you find something like this in other groups?
This is our arena and will remain our arena.
Show reactions if you are prepared for February. ๐ฅ
#TraderCash ๐ฐ
๐จ 1K-10K Challenge New Trade Alert! ๐จ๐ฉ๏ธ
Trade No: 3 | Current Balance: 1280 USDT (28% up on challenge)
Trade Details:
- Entry Now
- Pair: FIL/USDT
- Position: Long
- Leverage: 2X
- Margin: Use 500 USDT
- Stops: ๐ 4.97 USDT
Take Profits: ๐ฏ To be Notified
๐ Get ready for an exciting adventure as we dive into Trade No. 3 - FILUSDT long trade with a 2X leverage! ๐ Utilize a 500 USDT margin, and remember to set your stops at 4.97 USDT.
Stay tuned for profit notifications, and let's ride the waves together in our 1K-10K challenge. Buckle up for success! ๐๐น
Expected Loss if this doesn't work out: 71 USDT ๐
Happy trading! ๐ฐ๐
#theflyingtrader๐ฉ๏ธ
Buying some #WORK Token in Spot here
Final TP : 160%
Pumping hard due to the upcoming listing on CEX
Breakout of the significant trend line
Price is good for entering
#TraderCool ๐ฅถ
#chz/usdt
Chiliz token is forming a bullish flag pattern and inverse head and shoulders๐
A breakout above resistance could spark a significant price increase towards $0.58๐
Over view of the previous the week:-
- $BTC and $ETH at the bottom of their range, red week for altcoins. We are in a PvP market, post-ETF hangover phase
- Strong week for the NFT market lead by Pudgy Penguins (floor price almost 2x'd to 20 ETH). $BLUR (+7%) benefits from it too
- Solana memecoins remain hot : $WIF $MYRO
- A few oracle coins are having cartel-like brutal pumps: $UMA $API3 $RLC
- Most ETH beta coins underperformed besides $PENDLE (+37%, restaking narrative?) and $MAV (+13%)
- New coin launches $MANTA and $ONDO are both doing well
- $DOGE pumps in anticipation of the XPayments launch
โก๏ธIOTX shows symmetrical triangle; potential breakout indicates upside momentum.
โก๏ธPrice maintains above 60 SMA, suggesting positive trend strength.
โก๏ธA breakout from the pattern could lead to a 20%-30% price increase.
Last week we bought #SQR at 0.48
Now its at $0.73, already up 60%
Keep fully open, expecting x10 in next months, good project and backed by many strong ventures
These are the ideal prices , I would like to buy into my spot bags .
#theflyingtrader๐ฉ๏ธ
Over view of the previous the week:
- $BTC ETF is approved. Market started selling off after the first 30 min of ETF trading and BTC stands at around -15% drawdown from its recent highs
- The BTC -> ETH rotation started as soon as the fake ETF approval news got out. ETHBTC is up +24% from its bottom
- ETH beta coins followed $ETH, the best performers have been : $ENS $ETC $BLUR $PENDLE $ARB
- $SUI is up +60% this week. One of the rare major alt L1s that did not have a significant pump yet
- Solana memecoins are hot again : $BONK $WIF $MYRO
#Btcย
Following the recent breakout near the resistance zone, buyers found themselves trapped in BTC around the $49,000 price level. Since reaching the swing high of $49,048, BTC has experienced a significant decline, falling by approximately 15.37%.
Additionally, from yesterday's high to low, BTC has undergone a correction of about 10.76%. It's noteworthy to mention that the last time BTC saw a correction exceeding 10% was on November 9, 2022.
$SUI break-out is very likely to happen here.
- Enter the break-out (take risk)
- Enter the retest is more safer (but it may miss the pump)
#FTT
Breaking below the box and it's good for a sell position.
*Trade at your own risk due to possible high volatility of the market