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4th Day of Analyzing Charts

Futures Market October 8,2021       The goal is to analyze the market, get back on track, find possible trade entries, and be consistent. What to look for? 1. Identify monthly levels 2. Set up Fibbs on weekly.      a.what level does price falls? 3. Identify Daily Spport and resistance. 4. What is the condition of Phila4EMA on daily data? 5. What does Phila4EMA on daily data trying to indicate? 6. Is the price below or above EMA? 7. Do EMA slope at the same direction? 8. Set up Fibbs on 4hrs chart     a. Find confluence on levels     b. Identify Significant levels.     c. Identify Pattern 9. Do 200EMA acting as support?  Bullish cross on EMAs? 10. Journal the situation on the Chart, using Volume, OBV, and Price Action. 11. Find possible entries.          BNB/USDTPERP     1. Monthly levels identified     2. Pice is at 0.382 and 0.5 level     3. SIgnificant Leve...

3rd Day of 30 Days Analyzing Charts

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Spot Market September 27, 2021       The goal is to find an entry for Swing Trading on Spot Market. While waiting for the Market to give signals, I will analyze market day by day, look for patterns, levels, and confluence of indicators, while studying the material i have. What to look for?     1. What is the current price of the asset on weekly? What level of  Fibb does it fall?     Move to one Daily Chart.               2. What is the condition of Phila4EMA, What does it indicates?               3.  What is the condition of EMA  13,21,50. What cross?                4.  Is price above /below EMA?                5.   Both sloping the same direction?    Move to 4HR chart.               6. Wha level price...

2nd Day of 30 Days Analyzing Charts

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Spot Trading September 26,2021 What to look for? 1. On weekly time frame, price is on what level of Fibbonacci? 2. Asset's state on daily time frame, is it good for holding? Use Phila 4 EMA. 3. Do the price touch the EMA 13,21 with cross, 50 EMA act as support? Does it conclude a change in trend? Find confluence for possible Swing trade entry. Move to 4HR Chrt 4. Use Fibbonacci. On what level price falls. Where is the confluence of weekly and 4 HR Fibs. 5.Possibe range, supply and demand zone. List the confluence of weekly and 4 HR Fibs. 6. What pattern showing on the 4HR Chart. 7. Obseve Price movement, momentum, Volume 8. Move to 1HR TF draw another Fib. for possible entry on levels. EMA 13,21 acting as S/R. 9.. Find entry.     a. If there is an EMA 13,21 Cross, 50 EMA acting S/R on Daily timframe, use 200 EMA on 4HR.         b.  Is it acting as S/R? Is there a bounce? Is it conclude change in trend? Find confluence for      ...

1st Day of 30 Days Analyzing Charts

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September 23, 2021 Spot Market   I have first to get comfortable to the volatility of the market in spot trading after taking leveraged trades. I have to practice myself how to.. Identify if an asset is good to hold using 200MA on Daily Chart. Identify Significant Support and Resistance Levels Look for Patterns Identify Supply and Demand Zone Identify Possible Entry Identify Possible Exits Identify Possible Invalidation Points Identify Entry Reason of every top 30 crypto coins daily.   BTC/USDT Price Below 200MA on Daily Chart Trade on 1Hr and 4hr levels Price Above 4hr resistance and below 1 Hr Resistance Seems H/S pattern Trade entry on Breakout Result: No Targets Met Price Consolidate between 42K and 44K ETH/USDT Price Above, About to Cross 200MA on Daily Chart Trade on 1Hr and 4hr levels Price Above 4hr resistance and below 1 Hr Resistance Seems H/S pattern Wait for the Price to Breakout or Breakdown Demand and Supply Zone Result: Price breaksout from supply zone, and boun...

Second Test Analyzing Charts

  FUTURES MARKET DAILY LEVEL - RED 4HR LEVEL- GREEN 1HR LEVEL- BLUE SUPPLY AND DEMAND LEVELS- BLOCKS DAILY - 15MNS TF IDENTIFYING LEVELS BTC/USDT PRICE UNDER VWAP INSIDE 1HR LEVEL WAITING TO TEST LEVELS RSI BEARISH DIVERGENCE ON 4HR TF RESULT: ETH/USDT PRICE GETS BACK TO 1HR LEVEL WAITING TO TEST LEVELS PRICE CROSS VWAP RESULT: ADA/USDT PRICE CROSSESS VWAP INSIDE 1HR LEVEL BOUNCE FROM RESISTANCE WAITING FOR PRICE'S NEXT MOVEMENT RESULT BNB/USDT VWAP INSIDE 1HR LEVEL PRICE INSIDE 1HR LEVEL WAITING FOR PRICE NEXT MOVEMENT TO TEST LEVELS RESULT: SOL/USDT PRICE BETWEEN 4HRS AND 1 HR LEVEL WAITNING FOR PRICE TO TEST LEVELS RESULT: XRP/USDT WAIT FOR THE PRICE TO TEST LEVELS PRICE SERVES AS RESISTANCE RESULT: DOT/USDT PRICE BREADOWNS BACK TO YESTERDAY'S 1HR LEVEL BREAKOUT WITH VOLUME WAIT FOR RETEST AND CONFIRMATION, PUT A SHOT ENTRY IF CONFIRMED DOGE/USDT WAIT FOR THE PRICE TO RETEST LEVELS RESULT: AVAX/USDT PRICE ON 1HR LEVEL WAIT TO TEST LEVELSRESULT: UNI/USDT WAIT FOR PRICE IF LEV...

First Test Analyzing Charts

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FUTURES MARKET Daily Level Red 4hr Level Green Hourly Level Blue 4HRS -15MNS TF BTC/USDT VWAP SERVES AS RESISTANCE WAIT FOR RETEST ON ITS LEVEL. PUT A TRADE ON ITS LEVEL RESULT: PRICE BOUNCED FROM ITS LEVEL, BREAKED OUT AND HITS TARGET ETH/USDT PRICE UNDER VWAP WAIT FOR RETEST ON LEVELS RESULT: BOUNCE ON LEVELS PRICE BREAKOUT TRAGET ALMOST READHED/ IT SHPULD BE AT PREVIOUS LEVEL ADA/USDT PRICE UNDER VWAP WAIT FOR RETEST ON LEVELS VWAP CROSS RESULT: BNB/USDT PRICE UNDER VWAP WAIT FOR THE MOVEMENT OF PRICE ON IT'TS LEVEL RESULT: SUPOPRT LEVEL SHOULD BE AT THE PREVIOUS RESISTANCE BOUNCE ON LEVELS  REACHED THE TARGET VWAP CROSSED THE PRICE XRP/USDT PRICE IS ATTEMPTING TO CROSS VWAP WAIT ON PRICE RETEST ON LEVELS RESULT: BOUNCE ON LEVELS DO BREAKOUT VWAP CROSS SOL/USDT BREAKOUT ON 1HR LEVEL ENTRY TRADE AFTER RETRACEMENT PRICE ABOVE VWAP RESULT: PRICE REACHED TJE TARGET AFTER THE RETRACEMENT VWAP CROSS DOT/USDT PRICE BELOW VWAP WAIT FOR PRICE MOVEMENT AFTER BOUNCE FROM 1HR SUPPORT LEVEL ...