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the price breaks a corrective parallel channel and further bearish movement is expected.
I am waiting for a upside pullback to go short.
I'm looking at TXMD again. Still bullish.
Only TA, no fundamentals this time:
The Bollinger band is an interesting tool that tells us now -as price is at the lower band (oversold) and in a situation when the band is very contracted (squeezed)- that likely a brake out will follow.
Add a positive divergence to it on the MACD and on the the RSI along lately (in...
I'm opening a half of my trade position on this breakout @ 1840 and I will be placing a Buy limit order @ 1829.00 for the other half with a stoploss below 1803.00 and a takeprofit1 @ 1880.00 an TP2 @ 1933. the price action has broken out of an upper trendline and fractal resistance.
Before we start a discussion, it is my pleasure to read your opinion on this post's comment section and support this idea with your likes if you enjoyed it !
the price braked a neat parallel channel and I expect further bearish movement.
please note how the price moved in the ascending channel that shows weakness of buyers.
Our first target...
the shiba is in important place...
if brake up we can take a long order but it is possible that brake down...
so we wait for brake...
please like and say your Opinion about this coin...
have niceeeeeee day :)))))
Could we see another leg up, or is this pause before deeper correction, Indicators looks bullish on 1hr, so we could try to ride it while it lasts. We scored nicely with the last double bottom setup. The link is below. Use stop loss. Good luck traders
i dont wanna say that 100% sure btc go up but we have to see if btc hit triangle the way that we want or not
my best prediction is if we sew a conformation or brake out for and up trend we will wait for a pull back then we hop in a trade.
simple if it goes down we shorting it and if it goes up we longing it simple . but i hope for an sc legged up trend :)
I think we will see a good breakout (with bullish candle) from strong resistance and then good rising to last resistance (upper ones).
During this trip you can TAKE PROFITS twice in 0.0688227 & 0.0905986, if you want to trade for short term or saving your money on top of taking another position with your profit for next target.
BINANCE:BTCUSDT Hi friends , According to my analysis we may have a possible BREAKOUT from the ascending triangle that we have formed in the past few days in a couple of hours ,If we breakout and confirm it we will have the shocking target of 57,000$ .
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Today we formed yet another higher high after recent shakeout that happened on 1st of Feb. One could argue that in this shakeout we successfully back tested a descending trend line, so that is clearly a bullish sign.
Let us not forget that we could still be reaching much lower to possibly test lower...
Already late for posting ETH broke out of downward channel and heading up towards the upper 1400s. Technical target 1480usd.
Easy one, although we will face resistance moving upward.
Not financial advice.