Hello Lads and Ladies, Welcome back to TJs Daily TA session, today requested by the Elite Trading Group, we will be taking a look into ADA/BTC on Binance and yet combine it with a trade opportunity on BitMex. If you are following my TA long enough, you know exactly that I love trading ADA/BTC and it has been pretty accurate overall. Today once again I will jump...
ADA has been a tight little range for a while and on the 3D i am noticing some bullish indicators.. -MACD bull cross recently -Bullish divergence on RSI, although the stoch is in danger zone. -Broken descending wedge recently -Price almost crossing bollinger basis/3 day recent high -Painting morning star
BULLISH, looks like wave 2 is complete and the bottom is in. Big gains to be made here. FirstClass Crypto Telegram - FirstclassEra Join the channel with a 2 week FREE TRIAL to see our trade setups for Binance & Bitmex.
Beautifull simply scalp to do on bitmex.
just keeping it short and sweet. Bitcoin looks to be heading toward my green highlighted area or slightly lower, which could also be its last dip to these lows. i believe with this turbulence this year, i think we'll see a possible gradual climb more toward the end of the year
BTC 12HR We have been consolidating sideways for a while now between 6400-6600, for me this is no mans land, a few indicators are looking bearish to me though.. According to futures data 72.35% of retail traders are long, thats ammo for a large down move in my opinion, although we have BAKKT coming up next month so i am bullish, but for now expecting a slow move...
MACD cross on 4hr, watch for break of triangle and TD resistance for opportunity to long with 1411 as first target.
Potential MACD death cross on BTC 1D means we could possibly see more downside.. I am bullish on bitcoin in the long term but i think the daily stoch RSI needs a full reset before the bull run starts. Using simple line graphs ive outlines confirmation points for long or short trades.
#ETHUSD (#Bitmex) (Short Trade) Short in Two parts, Short Entry levels $232 & $238 Target $222 & $204 Stop Loss $242. Trade Explaination : Bearish Gartley Pattern
ETH sitting on thin ice.. a break under 207 and we should test sub 200 levels again.
A break under 6570 the current TD support and we should have a decent dump, we are sitting on support... although bulls are fighting and a break of the triangle to the upside and we should test 6820 again.
A few days back we published an idea showing XBTUSD trades on the 15m timeframe. We had requests for a higher timeframe example to contrast the differences on higher vs lower timeframes. For those who are not sitting at a chart all day and prefer less frequent trades, the answer is simple. Just set Bottom Top Finder to the 1 hour timeframe for slightly longer...
As you can see between the two red trendlines. ETH/USD has been on a downtrend for a while just like BTC. I think we will either see a downward move as the RSI is reaching levels historically signaled selling as well as reaching closer towards that resistance upper trend line. We also can use that 21 MA as resistance. Could go up in the near short term 1-2 days to...
Today we saw another plunge down and that green lower trend line holding as a support. If it continues on this trend we are the bottom and have another uptrend in play in the near short -mid term 1-3 weeks to fill up the gap between those two green trend lines again. As for the falling wedge breakout we could see that at any moment but I suspect we will either...
BITMEX:XBTUSD 1W. New week started. IMO this week we will see price drop because of the BEAR MARKET trend. seems as on weekly it cannot BREAK the 50 EMA (red line on plotted). my :eyes: are on MCAD (because I think it's forming the Bull TRAP meaning positive HIST will appear but PA will go down). 1D. we couldn't break the 50 EMA on daily (also) so now we see...