Yet another short attempt following a deeper penetration into H1 supply
Prices arrived at Daily Supply, lost momentum and formed a potential area for shorts.
It has come to my attention that this trade wasn't posted here before it happened. Managed to get it following the break of th3 H4 pin bar as shown and took profits at the 26200 level, just below the H4 supply.
WAIT ON REJECTIONS. ONLY TRADE CONFIRMATIONS.
For Price Chart Value Guide Trade Line Refer To Trend.
#Bitcoin_Update Bitcoin is currently on a critical price level whether to decide to be in a bullish trend as it was or to see a correctional move. Currently the formation of the neutral triangle in the daily chart is a very critical one and even it makes harder to predict the following trend behavior unless we are done and see where the current candlestick close....
Although we have broken the resistance at 9650 I am still waiting for a valid confirmation. I am still not convinced that there is a reversal upwards. Volume is not enough to provide enough thrust to take off besides there is a divergence at 1 hour chart RSI which can still cause a stall in price which afterwards lead a devastating crash. Signals are still...
#Accumulatio_Recommendation Pair : #FET / #BTC Trading Platform : #Binance RSI : 43 TA Notes : - MACD : Looking bullish on the daily chart. - RSI : Looking bullish too for the short the short term being in a neutral position form but going to move towards the overbought area in the mean time. EMA : On the way to go below the price and if it can manage to be...
I've been watching the ascending triangle formation and entered a position on the initial fake out then was stopped out. I rentered upon the second real confirmation and took profits around $4, but am now in a new position entered into the bull flag with a stop loss of 3.56 and a price target of 5.24 I thought I had published this idea earlier, but it appears to...
_______________________________________________________________________________________________________________________________________ Hello traders investors and community. This is an update analysis on my recent SHORT analysis about LTCUSD. As you can see in the chart it reached exactly my SHORT target at 97.602, there is also a second target at 83.270 which...
#Accumulatio_Recommendation Pair : #LEND / #BTC RSI : 40 TA Notes : - MACD : Looking bullish on the daily chart. - RSI : Looking bullish too for the short the short term being in a neutral postion form but going to move towards the overbought area in the mean time. 20] : Looking to go downwards but needs to get energy and become below the price level. - Volume...
Too Risky to Sell EUR/CAD with this Supply Above? At any time frame, the EUR/CAD seems to be in bearish momentum. In the H1 chart, the price is in a downtrend of almost 300 pips. While yesterday a fresh supply was created by the price above. Most of this downtrend was a compression which meant that the price compressed down while picking up all the sell orders...
#Bitcoin_Update As we predict on our previous Bitcoin Technical Analysis idea the candle with the green circle was the one which gives a very good insight on our trade and once again it breaks out after the stated candle stick closes above the major resistance area at around 10650 USD area. For now we are looking on a bullish sign on Bitcoin trading breaking out...
The Price has broken the support and it was confirmed with RSI level below 30 so we are expeting the Price to seek the next support. The trendline was also broken Comment your opinions!
#Accumulatio_Recommendation Pair : #BTT / #BTC RSI : 46 TA Notes : - MACD : Crossing over for a bullish indication which is in favor of the bulls and making the trade to get a good momentum. - RSI : Is in a good position showing a bullish behavior too at a neutral position for a leg upward move for now. - EMA : Looking to go below the candle stick formed and...
#Accumulatio_Recommendation Pair : #POWR / #BTC RSI : 30 TA Notes : - MACD : Still trying to cross to be in a bullish side. - RSI : Trying to wake towards the bull sign in a neutral level for now. - EMA : Looking to go downwards but needs to get energy and become below the price level. - Volume : Looking good on the past 2 days and if it continues its current...
Hello dear traders and community! HOW TO: analyse this bullish market! With the example XRPUSD. In my analysis i detected several bullish factors for XRPUSD to skyrocket soon. In my analysis you see this long black parallel channel. XRPUSD kept in the channel for almost 462 days till it broke out on 14th may 2019 with a big green shooting star candle. You can see...