we had really nice correction for Bat Pattern as i mentioned at the previous BTC Update. After that we see that price is trying to recover itself again.
as you see we have also symmetrical triangle pattern too. there is two strong key level around 40K and 30K which act significantly as support and resistance.
and two vital level as i mentioned as blue are very...
Since I am up today . I will be entering this trade with very low risk. As I am still learning a new strategy, I still want to get involved in the market but will not risk big until I am completely confident.
With the small candle at point A we can see that the bearish selling has been getting weaker. The MACD shows strong bear strength but could quickly weaken. As they are loosing buying strength. How do I know they are loosing strength? Take a look at the RSI. WMT returned to its normal range of 48 for its RSI and does not historically stay that low very long. Follow...
Hey there,
like this post and follow me for more trading ideas!
Got a short term long trade possibility here on ETH.
9 Buy on the hourly chart, exactly like Bitcoin.
Make sure you profit from these trades!
Cheers,
Konrad
this trade is based off the DXY idea linked below
From this point on I will be posting DXY and EURUSD charts ONLY. If you want my analysis on a specific pair you have to message me.
DXY has been breaking key levels of support and is currently holding under 97.1; giving me a bearish outlook on usd/xxx and bullish on xxx/usd.
IMO UsdJpy is offering the cleanest chart and the best R/R so I will be trading the yen in correlation with this chart, click to view trade idea .
If we get above 97.7 that would invalidate this idea and I would look...
