LINKUSDT Loving what I’m seeing on LINK atm. There could potentially be a huge reversal coming after such a long bullish run. We have hit a level of major resistance at LINKs ATH resulting in a double top. I can still see bullish momentum so I don’t feel the bulls are tired just yet, some large bodied green candles show me they’re still around and still...
DASHUSDT I’m seeing a potential further drop for DASHUSDT here. We have failed to break above the 50 line within the current downtrend channel and are currently sitting around support. What concerns me is that this level has often lead to a change in direction multiple times in the past and lead to a fairly decent long run, however, these runs have been...
ATOMUSDT I see market structure starting to change which may present a long opportunity soon. We are currently breaking resistance. I won’t be longing from the break and retest here because I don't like the messy structure to the left. There are huge wicks there showing this is an area of volatility. I want to clear this first before I would consider entering...
ADAUSDT presenting a great opportunity either way. I understand the whole “there’s always a pullback” however I believe ADA has some fundamental news out ATM that may see a further pump. I’m not into fundamentals so I don’t know what the news is and if it will affect price. What I’m waiting for is: LONG OP If we break current resistance, I still want to see...
Keeping it simple! ETN respecting down trend since its pump in mid May. Bullish divergence on CCI. Slowly approaching support level where 61.8% fibs was respected previously. Coincides with uptrend drawn from initial breakout from consolidation on 21st April. Potential long opportunity from demand block/uptrend/support intersection with tight SL. Or wait for...
ETHUSD 8h also looks to be changing structure here, you can see the LL and LH marked and momentum on Macd d dying off, I think this could be some sort of abc before a bullish break out. Would not short as still on an uptrend, looking to see if a long order presents itself around bottom blue box area.
It seems the buyers are in control of XBT right now, after making a quick recovery from yesterdays drop. potentially forming yet another bull flag on the 4hr. I will be waiting for a close above the previous market structure before I make any moves. IMO I think we will see another test at resistance in the next few days. I will also be watching closely for a...
Simple one today. Update: XBT hit the 10100 area I was targeting in my last analysis before a big selloff as expected. On the daily we are still in an upwards channel and testing the 50EMA The line chart makes the channel much clearer to see. I am still bearish because even with the big sell off last night, volume is still decreasing, RSI showing bearish...
Before you read this TA please note this comes with the disclaimer that I am totally testing a theory here and it might turn out to be utter rubbish but hey, we’ll soon find out either way! I’ve decided to combine my two loves of trading and astrology to see if I can find a correlation with moon cycles and price action. Now, I know this is already a thing and...
I feel there is so much pressure building up on bitcoin over the last week, We haven't seen much price action happening or any clear trend price has been ranging in this channel squeezing further into this rising wedge. With a 170% price increase since we bottomed out in March we have not yet seen a proper correction, Will the bearish divergence play out and...
ETHUSD has had a 193% run, her time is up. Currently in an ascending wedge, with a few attempts to bring price down. We have now completely closed the liquidity void formed in early March with a double top around 252.75. I'm waiting to see what happens around the supply block at 256.50 if we can get there for a 12% drop. If not, I’ll be watching for a break...
LTC is stuck in this consolidation zone and has been for 5 days now, i have an alert set just before the resistance line for a short. Take profit 1 set at the next level of 0.004609 then i will let the rest play out down to demand. Trend bias Bearish LTC/XBT 4hr
After a big sell off that we have seen with LTC/BTC pair since the start of February, price has been consolidating for the last week failing to make lower lows, Even tho we haven's seen a clear change yet in market structure im waiting on the sidelines to see who's going to make the next move. If we start making moves to the upside I will be looking to take...
Consolidation then drop to previous resitance. Fibs from High to Low Looking for entry on the previous supports for a short
Are the bulls in control or the bears ? Looking at my chart you can see it has already broken out of the downward trend we have been in since 2017, The bulls weren't strong enough on the 7th of May to keep the price up we immediately come down and tested the 200 day moving average before coming back up again, Having another crack at the 10k resistance before...
Looking for entry closer to bottom of triangle, have three orders set.
XAUUSD - missed alert as was sleeping. I had alert set on dotted trendline to try and catch an entry at bottom of triangle but missed it. Will set two orders again and hope to catch the bottom one last time. Am overall bullish on gold and think we see it hit $1783 which is weekly resistance last touched in 09/2012.
ADAM20 9/5/20 14.00 ADA break out trade falling wedge, price broke resistance @536 (on 4hr) looking for a move to the up side to 1st TP @558 just below resistance @560 level 9RRR 2.1:1