This morning I posted "Today it looks like the SPX is poised to come down and tag 3712". It came down early a lot...but came just shy of 3712. That tells me we're going to ultimately visit that 3712 area. It's just not taking a direct route. Nonetheless, with all the downside movement in the ES and SPX SOL was not having it today. It wanted to go higher and...
SELL ENTRY @2.621
STOP LOSS@2.770
TAKE PROFIT@2.471
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BUY ENTRY @1.05711
STOP LOSS@1.04777
TAKE PROFIT@1.07057
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With BTC showing real promise for another run to all time highs, you can expect alts to follow king BTC. OXT is no exception and while messy of a chart (Hey as long as i understand it right?) we can see OXT reaching the .50s once again. I also can see the possibility of it breaking the resistance trend it has been respecting for many months. Crypto rewards...
ETH/BTC has been consolidating for 300 days, A break out would likely send it screaming towards a BTC all time high.
A BTC solo rally is the only thing standing in its way.
Raven coin chart is showing a Symmetrical triangle pattern . Could be some nice upside ( roughly 80%) with an ideal risk /reward. Looking to enter a Breakout of triangle pattern to the upside.
The ENTRY/TP zones are your entries as well as your exits.
Everything above the current candlestick is resistance, you would treat every zone above as a sell/potential buy break.
Everything below the current candlestick is support, which you would then treat every zone below as a buy/potential sell break if it hits the pip rule.
More info on the strategy and...
prices been on upwards channeling for a
while now.
price's refreshing itself for the next move,
pullbacks are becoming longer in
duration, highs are lessening,
polarity is changing and important
internal structure shows buyers are
lacking so their only novice participants up
here not pros from the bull side.
lets see how price behaves over coming
week/s or so,...
COINBASE:BTCUSD . I thought that I would spend a few minutes separating the noise from the media and set aside some of the claims made on this platform, among many others, associated with the recent decline of the bitcoin price.
- Late 2020/2021 Trend Line has not been breached (blue line)
- However, BTC broke through its 50DEMA
- But strong support remains at...
As usual, I like to make technical analysis simple rather than just a load of lines and colours. I like to annotate why I drew those lines and also to help you see the trend.
As we can see, the whole market is in a very volatile position due to bitcoin if bitcoin rises/pumps. Suddenly, we could see a potential drop in ADA or potential gain depending on the...
Here is your next leg on BTC and it is conservative. If we break and close above the highs of $41.9 set a few days ago. Expect over the near term for a move into $60K.
Right now the bull penennat stands from the base of the pole at 17.4K and we are just conservative on this.
Trade wisely! look for the upside.
If you like my TA or other ideas, please leave a like to show support. It helps me out a lot
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- +80% retracement
- Higher low
- H&S pattern
- MACD going up
- Target points fall together perfectly w the FIB levels
