Circled Area Must Hold.
Breaking The Support Lines (Purple Ascending Trend Line & White Horizontal Ray Line) Will Give The BEARISH Descending Triangle A Chance To Form.
*** Trades should not be placed based upon what you see here! Do your own research and manage your own risk.
Only trade the breakouts to be safe and not be sorry. Wait for confirmation of price direction prior to putting in your trade.
Remember to always, always place your stop loss at the appropriate levels immediately after you have put in your long/short position so as not to get wrecked with your trades.
>>>>> Always be prepared for either scenario of upwards movement, downwards movement, or sometimes even sideways movement (consolidation phase & sometimes even extended consolidation phases). <<<<<
Constructive and positive comments are welcome. Be courteous.
Consider leaving a like after viewing my post, and click on Follow to receive my latest and updated posts.
More Power To All Your Trades,
Ron (The Intrepid Trader)
Breaking The Support Lines (Purple Ascending Trend Line & White Horizontal Ray Line) Will Give The BEARISH Descending Triangle A Chance To Form.
*** Trades should not be placed based upon what you see here! Do your own research and manage your own risk.
Only trade the breakouts to be safe and not be sorry. Wait for confirmation of price direction prior to putting in your trade.
Remember to always, always place your stop loss at the appropriate levels immediately after you have put in your long/short position so as not to get wrecked with your trades.
>>>>> Always be prepared for either scenario of upwards movement, downwards movement, or sometimes even sideways movement (consolidation phase & sometimes even extended consolidation phases). <<<<<
Constructive and positive comments are welcome. Be courteous.
Consider leaving a like after viewing my post, and click on Follow to receive my latest and updated posts.
More Power To All Your Trades,
Ron (The Intrepid Trader)
Comment:
Purple Support Ascending Trend Line has been breached with a red candle close.
Comment:
Comment:
Almost Out Of The Woods.
3 Green Candle Needed To Confirm Trend Reversal.
3 Green Candle Needed To Confirm Trend Reversal.
Comment:
Bears are not done yet!!!
Comment:
Bulls Are Now Getting The Upper Hand.
Comment:
Support Held Up Nicely!
Comment:
Next challenge!
Comment:
Bitcoin Is Still Bullish Despite Last Night's Dip. Here's the updated chart.
Comment:
Apologies, pasted the wrong link. Here's the link to the new chart.
Bitcoin Is Still Bullish Despite Last Night's Dip. Here's the updated chart.
Bitcoin Is Still Bullish Despite Last Night's Dip. Here's the updated chart.
