I believe that it is possible to beat the market through a consistent and unemotional approach. This is primarily achieved through preparing instead of reacting. Click here to learn more about how I use the indicators below and Click here to get my complete trading strategy! Please be advised that I swing trade and will often hold onto a position for > 1...
looks like this is the bottom of subwave iii, in the first A wave of ABC correction. can buy for a bounce play to subwave iv. targets .236, .382, .5 retracement on the chart
Good morning, traders. I was wrong about a pop back up after price breached the $4900/$5000 level and price has continued to move through lower areas of liquidity and support with only minor pauses. This is why I have yet to take a long position. Emotional trading and/or lack of patience are the most significant reasons why retail traders lose money. While waiting...
Well, don't have to say so much, we are due for a decent % bounce and previous idea long term targets are met at 4.24k with PA wicked to 4.2k. Still think it can go to 3.8k, but doesn't have to, so can scaling in if you wanna trade this, but RR is more interesting to the long side. Be my guest to join the scared chickens to sell here, then this idea is not for...
Volume is picking up while the 4hr wicks look to be overextending. Daily RSI is super low, overall looks like a good spot for btc to bottom and bounce. As soon as volume spikes, it will be a good indication to go long and catch the bounce optimal entry around $4500-$4300
Sold my last LTC play in profit, albeit much earlier than I wanted to, now we're here at this fib/support level again and LTC is remaining strong at $40. Seemingly a double bottom on the hourly, and a triple bottom on the 15 minute. Purple fibs drawn from the bottom to each peak. Yellow lines are the 0.786 fib level for each peak, and it shows historically how...
The DJT daily chart corresponds to the chart published in the article "Trading the Dead Cat Bounce Pattern."
Next time we drop I think the wick could be anywhere between 4760-4640 as its a bit of a drop. I think the price will be pushed back up to 4820-4840 for the candle close and bounce. Left side shows volume profile for October / November last year when we were at this price level Righ side shows current candles and order blocks to match up with the left
Hello, BTCUSD is going to hit a red 9 on the sequential (next candle), meaning inversion. The red 8 candle is forming a dragonfly doji, meaning inversion. The RSI is at all time low's. It will probably go up at this point. Note: My long term analysis is bearish. This is a daily analysis. In the long term i think we are going lower than we are now. Best...
This will be interesting. 0.72882 has been support three times recently. I be waiting for a bounce then go long on a lower time frame (15min)
I'm wondering if there is a possible Cup & Handle formation forming on 1HR which may get WTI crude oil back in to the channel as per my previous idea.
Despite the recent movement's we have seen, it is hard to say that Bitcoin BITFINEX:BTCUSD has done anything surprising. The market is still in consolidation and the movement that have captured the attention of crypto traders are minuscule compared to Bitcoins previous volatility. This is interesting to note as the price ranges only approximately 5% - 10% above...
The sun indicates the level I am waiting within the green box to look for a buying opportunity. I will need confirmation for entry and most likely 2 entry for this trade.
Broke down like I predicted at start of november. Looks like it found support at horizontal line at 949sats. Very hard undersold on our indicators even in 1d chart. Expect a rapid bounce back. I advice to pick up now.
Kinnevik has been in a bear market the past 5 months. They are now at at support and resistance area where they will bounce and enter a bull market again. We can now se a huge divergence between the price and MACD. I think we can enter with small positions now, and when we see a ABC pattern we can enter with a bigger position.
NASDAQ:DERM DERM has been bouncing off this trendline since April and it doesn't have a reason to fail now with an ER beat which was the first beat in the last. Great Risk / Reward setup here to get back up to 12.00 dollars and if we get that 200 MA break we can shoot back up to 20 dollars easy with FDA approval and more sales number coming in next ER as this...
Hi Traders! AMEX:DIA index is bouncing back from MA and trend line on the daily chart. RSI and Stoch RSI are in oversold area. Price closed above the 200 Moving Average and ascending trend line. Still on uptrend with recent correction. => good long opportunity If you think this analysis is useful and you want to receive new updates about this idea, leave...