Bitcoin is trading inside a rising wedge pattern with clear weakening bullish momentum.
Most likely the price will reach a supply zone around 1360 and drop under pressure of sellers.
Bearish breakout of a rising wedge is a good trigger for confirmation traders.
I anticipate correction on usdjpy following slowing bullish momentum and rsi divergence.
bearish breakout of a rising channel is a very good trigger.
if bears break and close below this channel,
price will most likely reach 108.6 and 108.4 levels
Hello guys, here is a configuration for my indicator Cyatophilum Altcoins Trader
Altcoin : BINANCE:ADABTC
The settings are : 10, Tilson T3, 20, 10, 4, 0, 0, 0, 0, 0, 0.
Buy & Sell signals using the "LONG ENTRY" and "LONG EXIT" ALERTS.
Happy Trading !
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If you use Tradingview alerts to execute orders, be very careful.
DO NOT CONFIRM, after the upgrade the TV is with this failure, it will trigger the 2x alert, causing you to double your operation.
The danger is great if you use leverage, especially in BITMEX, as it will cause you to enter the amount doubled and can cause you to liquidate.
0.892 - 0.893 support is on focus.
if bears break and close below the structure, it will confirm bearish breakout of a rising channel.
+ take into account clear rsi divergence.
initial target 0.888
second target 0.881
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potential long setup on pound aussie.
on a weekly chart the market is approaching a strong support level.
on a daily we see a classic inside bar formation.
I will be waiting for a close above the mother candle to open a long position.
Initial target - 1.850
Second target - 1.885
Stop - 1.807