Help with technical analysis for beginners
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Guest oilfxpro,
in General Trading Strategy Discussion
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By tradinglounge · Posted
Elliott Wave Analysis TradingLounge Dogecoin/ U.S. dollar(DOGEUSD) DOGEUSD Elliott Wave Technical Analysis Function: Counter trend Mode: Corrective Structure: Flat Position: Wave ((C)) Direction Next higher Degrees: wave (C) of ((4)) Wave Cancel invalid Level: Details: The corrective of Wave ((4)) before Increase again in Wave ((3)) Dogecoin/ U.S. dollar(DOGEUSD)Trading Strategy: Wave (3) appears to have ended and price is now entering a correction phase in wave (4), so wait for the correction to complete to rejoin the trend. Dogecoin/ U.S. dollar(DOGEUSD)Technical Indicators: The price is above the MA200 indicating an uptrend, The Wave Oscillator is a Bullish Momentum. Dogecoin/ U.S. dollar(DOGEUSD) DOGEUSD Elliott Wave Technical Analysis Function: Counter trend Mode: Corrective Structure: Flat Position: Wave ((C)) Direction Next higher Degrees: wave (C) of ((4)) Wave Cancel invalid Level: Details: The corrective of Wave ((4)) before Increase again in Wave ((3)). Dogecoin/ U.S. dollar(DOGEUSD)Trading Strategy: Wave (3) appears to have ended and price is now entering a correction phase in wave (4), so wait for the correction to complete to rejoin the trend. Dogecoin/ U.S. dollar(DOGEUSD)Technical Indicators: The price is above the MA200 indicating an uptrend, The Wave Oscillator is a Bullish Momentum. Technical Analyst : Kittiampon Somboonsod Source : Tradinglounge.com get trial here! -
Every now and then, a project comes along that gets both traders and developers talking. Movement ($MOVE) is one of those rare cases, and for good reason. In a sea of Layer 2 solutions, $MOVE is taking a completely different approach by combining MoveVM with Ethereum’s EVM bringing the best of both worlds into one ecosystem. Let’s break it down: $MOVE isn’t just about speed (though it delivers a staggering 145K TPS) or low gas fees (which it has nailed). It’s about the bigger picture—making blockchain scalable, secure, and developer-friendly without breaking the user experience. The Move programming language brings unparalleled security with formal verification, and the fact that Solidity devs can seamlessly migrate to this ecosystem makes it even more powerful. But what’s really interesting is the market’s reaction. $MOVE launched just recently and is already trading at $0.7552, with a 151% surge in value since listing. The trading volume is climbing fast, and it’s clear that both retail and institutional players are paying attention. This isn’t just a short-term pump; it’s a project with real fundamentals driving its momentum. What’s also worth noting is how $MOVE is positioning itself within the broader MoveVM ecosystem. With projects like $SUI and $APT showing strong performance, it’s clear that this tech is gaining traction across the board. $MOVE is carving out its space as a leader in the next phase of Layer 2 development. If you’re keeping tabs on $MOVE, you’ve probably seen the BingX 40,000 $MOVE prize pool eventmaking the rounds. While events like these are great for getting people involved, the real story here is the innovation behind the token. It’s one of those projects where the hype feels justified, and the early momentum is backed by serious technology and vision. For anyone watching the blockchain space closely, $MOVE isn’t just another listing, it’s a step forward. The question isn’t whether $MOVE will make an impact; it’s how far it can go. -
By cryptomaga · Posted
Crypto volatility could either make or break you they say, I used to feel this is just a saying but recently I understood what it means. I spend time reading the chart but once I decide to enter the market then red but if I decide to delay entry then I regret it. That eagerness to make your first positive trade won't give me a chance to fully practice what I studied so I deviated from futures trading to staking on some platforms to earn APR or LST. BGBSol, BNSol to name a few but I mostly prefer BGBsol due to the high Apr but that didn't quench my hunger to make that first green trade. I am always told to have a strategy that works for me and a good risk management plan so I decided once my trade is in either +/- 10% then I am good but I am mostly hitting SL which is making my bad trade to outweigh my good trades. This is discouraging but I don't expect to get it easy for now as I am still trying to understand the market and how will I learn trading when I don't practice. I always believe in no pain no gain but I need to start seeing my efforts or I am doing something wrong? How do you start you journey in this industry?
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