fluffystat

fluffystat

It looks like a pretty orderly flag pattern; watch closley

fluffystat

Looks like a tight flag is forming on the daily chart, though it's only been three days and there is no interaction with the daily timeframe moving averages. On the 1hr and 15 minute timeframes there is a clean looking triangle pattern. I would see what happens on Monday morning and if it breaks the triangle try out an entry, leaving your stop loss just below...

fluffystat

Enter if it breaks this flag/triangle pattern on the 15-1 hr timeframe, putting your stop loss just below the candle you enter on. Close some of your position after a few hours. Close the entire position when price closes below the 10 SMA. sorry I meant to tag this as "long" ~this is just an idea~ ~use paper trading money instead of real money~

fluffystat

Try entering if it breaks this flag/triangle-like area I've outlined on the hourly chart; take initial profit after a few hours and the rest after interaction with 10 and/or 20 SMAs. ✩ ⋆ Oh and put stop loss right under the candle you enter on as it's breaking out. ✮ ⋆

fluffystat

Try entering on 15 min if it breaks upwards from here, take part profit after a couple of hours, and rest of profit when closing below the 10 SMA. ˚. ✦.˳·˖✶ ⋆.˚. ✩₊˚.⋆ remember to use paper trade instead of real $$$$ friends

fluffystat

Henlo, EUR/USD is preparing to enter the OwO zone, where lots of OwOs will occur. Follow for more furry stonk updates.

fluffystat

Parity with USD is on the radar, but not sure how low we will go or how fast it will happen. Swing low is at the 1.035 area; swing high is at 1.092. Price appears to keep making rounded top shapes, which are usually bearish (though sometimes there's like an inverse cup and handle type action?).

fluffystat

I'm personally in a short, so maybe biased here and looking for hope my short will work out; but thought I'd point out a possible double top on 5-15 min time frame. Have circled both this and an earlier double top area for the EUR/USD pair.

fluffystat

It appears BTC has broken to the upside of the wedge and is currently trending up on the 1hr chart (green trend line). I would target the channel in light green as a place to take profit on longs, then reassess the situation.

fluffystat

BTC price is settling into wedge, with swing high at upper 1900s and swing low at lower 1800s. I'm unsure if the direction of the breakout will be up or down, but price is moving within a smaller and smaller range; could indicate either exhaustion of sellers or exhaustion of buyers. Watching the chart for the next couple hours.

fluffystat

We are currently bopping about the 2017 all time (at the time) high of $19,783 (Dec 17th, 2017) and 2020 early Dec high of $19,982 (Dec 1st, 2020). We retested the lower 2000s yesterday; it seems as though this is flipping to new resistance, and price might keep cascading down as it has been doing since the mid-August 2022 local high of $25,135. A...

fluffystat

This smaller rounded top on 1 hour timeframe is reflected in a larger rounded top on daily timeframe . These tops should be bearish formations 🐻. Overall I'm looking for a medium sized drop on the hourly timeframe to retest the 19600 area and a large drop on the daily timeframe to retest the lower 19k/upper 18k area.

fluffystat Updated 

Wondering if I'm correct to see this as a bearish head and shoulders pattern (more easy to see on lower time frame). The right shoulder is lower than the left. Will find out if I'm right in an hour or so. Testing out a short here.

fluffystat

Yesterday I opened a short on BTC at 19950. Right now it looks like we are waterfalling down from the giant bear flag that was last month. I've placed a stop loss around 22k, and planning to hold until the upper 18k area; then I'll reassess the situation and see if I should take profit or potentially add to the short. This idea is more of a swing trade for a...

fluffystat Updated 

I am a beginner trader using a demo account so please take this with a huge grain of salt, and feel free to offer corrections. ***I am a beginner and this is my first post*** I'm predicting continuation of this local downward trend, then some kind of action nearing the area around 21700-21600ish (as this is a previous point of resistance for the first two waves...