Please, don't chill, don't to be too greedy. Be careful with it. There a big bearish hidden divergence in weekly.
Mean Reversion is the simple strategy of price moving 'too' far away from its averages and potentially requiring a reversion before either continuation or ideally total reversal Aave has been offering some beautiful mean reversion entries for us recently even to the point of essentially two sigma. Both the buyzone meanmove right to the sellzone meanmove. That is...
The world of fractals is astonishing, if we follow this similarity, the bearish trend should resume until April, therefore before the next Halving and when SEC will accept spot BTC ETFs :)
#BTC taking the lead as in past #crypto recoveries Measured move to tag previous resistance. #ALTS will lag but still give smaller gains.
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. on H4: Left Chart As mentioned yesterday, ETH is approaching a strong support zone so we will be expecting the bulls to kick in around the blue circle zone as it is the intersection of two rejections. on H1: Right Chart For the bulls to take over short-term, we need a...
Looking at this chart, it becomes more obvious how the alt coin market, which broke this Summer above the Bear Cycle's Falling Wedge, is preparing for a big move upwards. The 494.45 level has been tested 4 times and emphatically held on all as it provided rebounds that left large 1W candle wicks behind. The latest was on September 11 but stopped last week on the...
Got stopped out of my last position in COMP due to a trailing stop. Not mad tho. Ended up with 21% profit in the pockets. I hate to be out of this trade esp. since the MM's have been moving everything up during off hours. This bull flag here looks primed and prepped. Additionally, we have a hammer candle on the daily. Entry was 43.73. I'll target 58. SL will be 39...
Quick long play here. Doge found support at .06 cents. I missed an entry there but I still feel like this is a good play from current price. Entered at .06116. Target is TBD (top of the triangle). SL is .059 (trailing upon profit). R/R 2.6 Not fin advice. Best, Stew
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. After rejecting the 1500.0 support zone, ETH has been overall bullish trading inside the rising wedge in blue, and it is currently approaching the lower bound of the wedge. Moreover, the zone 1600.0 is a support zone. 🏹 So the highlighted blue circle is a strong area to...
Amidst all the popping, I have been wondering... where is Verasity? Well, here we have it. Could it be a fakeout, or a legit start of a strong move? Honestly, I do like how all the classic momentum indicators broke off sharply to the upside. Also, notice the black line. Yes, the descending trendline. We just broke out! Perhaps we are going for the cloud. Let's see...
Traders, Optimism with the triangle breakout and retest is a solid entry rn. Additionally, there is some hidden bullish divergence occurring on the RSI! Entry = 1.34 Target = 1.58 SL = 1.25 r/r = 3 Not fin advice. Just showing you all what I am currently playing. Best, Stew
Hi Traders, Investors and Speculators of Charts📈📉 For those who have been following me here for a while, you'll know that I've always been a notorious fan of XRP. I used to be a true "believer", #xrparmy and the whole deal. Followed all the XRP pimps (such as BlockchainBacker ) on Twitter back when Twitter was still blue... but recently, I'm starting to...
Traders, I was stopped out of three trades today but all of them had nice little profits. I'll take that going long in a bear market. Let's continue our win streak. I've added Audio as a long play to at least that 100-day ma around 16.75 cents. SL is 14 cents for an r/r of up to 2.7. Technicals here show a break of our long-standing bullish descending...
Traders, I was stopped out of three trades today but all of them had nice little profits. I'll take that going long in a bear market. Let's continue our win streak. I've added XRP as a long play to at least that 100-day ma. The red level just above that at 58.5 cents is likely where I'd take 100% off of the table. SL is 49.2 cents for an r/r of up to...
Traders, In this video, I am cruising through my altcoin list. These are a few alts that I enjoy trading. We'll look at setup opportunities, technical patterns, and discuss potential entry prices. Hope you enjoy. Stew
Bitcoin dominance serves as a crucial indicator, offering insights into the broader altcoin market. Today, we observe a clear breakout from a cup and handle pattern, indicating a potential shift in market dynamics. Key Resistance Levels Ahead: [/b Resistance 1: 50.70% Resistance 2: 50.91% I anticipate pullbacks and increased activity in the altcoin market as...
Per request, we want to take a look at Filecoin. This cryptocurrency has been around for a few years, and the first thing that stands out to us is that its value is down more than 98% since its peak in 2021. Another thing that caught our attention is the relatively lower daily volume since the start of summer compared to the period in the first six months of 2023....
Ether is going to have a triple halving and many people forget just how bullish this is for the ecosystem as a whole. The SEC has given ETH many free passes and if theyre able to escape regulation, then it will result in massive price appreciation. ETH topped out at nearly $5000 per share and with more adoption from retail, ETH should see new levels of over 5...