ChiProactive
@t_ChiProactive
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ChiProactive
BTC 95849.42 HERE WE COMEMade a layout in Tradingview called: ''Sleeping With Charts"I will analyze multiple pairs before bedtime (this is one of them) and see if they played out or not in the morning.also for archival purposes ofcourse to look back at later and learn from my mistakes by taking them back to backtesting.Not financial advice, just posting my idea's for archival purposes to look back at later.But remember, what I want doesnt matter, we want what price wants, so we will follow the LTF order flow, leading to where I currently see price heading based on my analysis and if I'm wrong I will take that into account during backtesting.
ChiProactive
The orange line is a bit too far ahead as a prediction because it is also on the daily time period, which means each of these candles takes a day to form. My focus is more on price levels for potential reversals as I watch where I currently see price of OCEANUSD going, namely the 0.7611 and 0.9352 areas. I am still considering which of these, if price closes above one or both, will give me additional confirmation that we are about to move upward. But we will see what price does as I am still learning. I also expect price to not only reject at each price level but also between 1.0499 and 1.2222 before the 1.2222 area is broken.Not financial advice, just posting my idea's for archival purposes to look back at later.
ChiProactive
Daily Timeframe ARKMUSD Trade AnalysisKey Focus: 0.970 AreaThe 0.970 level here's what to expect:When price reaches 0.970, I anticipate a long entry to target 1.051 level for a quick daily 1:1.Upside lookIf price closes with a body above 1.216, I would anticipate a pullback to eventually head to the following targets:Initial target: 1.405Secondary target: 1.500 (previous highs)Ultimate target: 1.799While price is heading to these targets we can jump on the LTF and find a bunch of entry opportunities.If you know in which direction price is heading, then you just have to find a way to get in and get out, secure profitsWe may see a rejection between the 1.562 and 1.476 area before taking the 1.562 high.This analysis emphasizes the importance of the 0.970 level while maintaining awareness of potential upside targets.Disclaimer: Not financial advice.
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Any content and materials included in Sahmeto's website and official communication channels are a compilation of personal opinions and analyses and are not binding. They do not constitute any recommendation for buying, selling, entering or exiting the stock market and cryptocurrency market. Also, all news and analyses included in the website and channels are merely republished information from official and unofficial domestic and foreign sources, and it is obvious that users of the said content are responsible for following up and ensuring the authenticity and accuracy of the materials. Therefore, while disclaiming responsibility, it is declared that the responsibility for any decision-making, action, and potential profit and loss in the capital market and cryptocurrency market lies with the trader.