Look at the 4H chart, that downtrend line is one of my 6 important ones in my previous ideas, now we are heavily being resisted by that line.
(But why that line? - I posted an idea about trend lines recently, you can check it out below.)
Are we going down? Yeah, not going down, we are going to have the f*cking best last crash now. It has 60% of possibility, however, important moves need important confirmations, let's see if the 20 EMA can hold or not. If it holds, we can pause this drop for a while.
If it drops, the short-term target is 6k
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*20 EMA is not my only indicator, lol. I suggest you having at least RSI and 1 volume-based indicator in your chart*
For any ideas or questions, tell me what you think in the comment section. I don't talk and explain much about my idea, i'm a type of man that THINK much, not talk much, so i'm really sorry for not explaining my idea clearly! Everything i brought you is the result of my hours of work.
If you want to learn something, these are some best source trusted by me:
- Technical Analysis: stockcharts.com, investopedia.com
- Fundamental Analysis: medium.com, bitcointalk
- Books: Technical Analysis of the Financial Markets: A Comprehensive Guide to Trading Methods and Applications, The Disciplined Trader: Developing Winning Attitudes
My predictions are accurate and helpful ? Follow me, i can help you define the market moves. Of course, no one can totally predict the future. But we trade smart, we trade differently. Always use the f*cking stop loss.
AS ALWAYS, SORRY FOR MY BAD ENGLISH AND SAFE TRADING EVERYONE!
-----------------------------
Who am i ? I'm a tiny cryptocurrency whale (or a goldfish), a swing trader and an emotionless chart analyst that you can trust lol.
- MrPalmTree
(But why that line? - I posted an idea about trend lines recently, you can check it out below.)
Are we going down? Yeah, not going down, we are going to have the f*cking best last crash now. It has 60% of possibility, however, important moves need important confirmations, let's see if the 20 EMA can hold or not. If it holds, we can pause this drop for a while.
If it drops, the short-term target is 6k
-----------------------------------------
*20 EMA is not my only indicator, lol. I suggest you having at least RSI and 1 volume-based indicator in your chart*
For any ideas or questions, tell me what you think in the comment section. I don't talk and explain much about my idea, i'm a type of man that THINK much, not talk much, so i'm really sorry for not explaining my idea clearly! Everything i brought you is the result of my hours of work.
If you want to learn something, these are some best source trusted by me:
- Technical Analysis: stockcharts.com, investopedia.com
- Fundamental Analysis: medium.com, bitcointalk
- Books: Technical Analysis of the Financial Markets: A Comprehensive Guide to Trading Methods and Applications, The Disciplined Trader: Developing Winning Attitudes
My predictions are accurate and helpful ? Follow me, i can help you define the market moves. Of course, no one can totally predict the future. But we trade smart, we trade differently. Always use the f*cking stop loss.
AS ALWAYS, SORRY FOR MY BAD ENGLISH AND SAFE TRADING EVERYONE!
-----------------------------
Who am i ? I'm a tiny cryptocurrency whale (or a goldfish), a swing trader and an emotionless chart analyst that you can trust lol.
- MrPalmTree
Comment:
The strange thing is that this idea has only 60 views lol. I learned something, see you in the next idea
Well, i just wish i could lose a single time so i can show you some of my stop loss tips.