There is more information on my chart, but there is a lot of indecision in the market, so overall it is a bit risky to trade at the moment IMO. Use the correct risk management and stick to your trade plan during this time.
Here we have the Binance instrument EOSBULLUSDT (EOSBULL) , which is a 3X Long on EOS Token, let's take a look at the chart.
First, we can notice the ascending triangle which we also saw on GXSBTC . This pattern can lead to a bullish break.
The RSI is strong and the MACD allows for bullish action.
We also have a "V shaped" bottom with high volume... These...
Just sharing what I see on the charts, interestingly it lines up close with our #bearish #BAT idea
I personally missed out on short, I did short form 10290 but took profit at around 87xx then we longed from 8460 & closed at around 9000, Opened a Short trade for auto traders around 91xx but personally didn't, Good thing is I trade on FTX so my collateral is...
Possible falling wedge breakout in session watch for a retap of the top resistance and breakout or for MM's to rip it under and fakeout before a breakout.
Green box is where I will be adding leveraged long with a stop loss under 9k. Furthermore, if we continue to downtrend and break under 9k it will get bloody but I believe we will get a lot of buying pressure in this zone and that bulls will take the lead.
Take a look at this chart of ShotSpotter .
The stock tumbled from its highs in late may, and has found support around its current levels.
Currently, it's trading with relatively low volatility in a strict range.
Today, it tested resistance around $30 and the situation currently looks bullish. This is a significant valuation level as it reflects the market...
We have a double top formation signaling a downtrend. I feel like we can collect a quick 200 pips. How do you guys feel about this? I’ve recently started studying double top formations so any tips or comments or constructive criticism is welcomed.
With the standard rebalancing and leveraging of these products, you cannot use the DRIP technicals to find reliable trading points. CL1 is nearly a flat line, while DRIP has deteriorated downward (as it is designed to do). I am willing to sacrifice some of the profits for wishful thinking to break out higher.
*I am still long
**Stops around 88 and 86
***Might...
Longing a very tight level cluster below range, leveling 8123-8150.
Bidding 8136.5, playing a capitulation spring into that level and jumping back above, before trending up higher to clean 9.5K in the new decade.
Stop surgically selected at 7978, using HTF OHLC magic.
9.03R/R, this will be the first serious bitcoin trade of the year, and beginning of my work on...
All Mac d fractals show this could go either way... Daily looks a little more like some down movement but i cant help but think were going to test the 200 ma again, before going down.
Here we have Litecoin (LTCH20) retracing. We can clearly see a break of EMA10 and EMA50 being tested.
Since Litecoin grew by 29% in this last wave, it is likely to see prices retrace further and test at the least the 0.618 Fib. retracement support, this would also match EMA200.
You can find all the important levels marked on the chart.
We are active here on 8X....
